While heating oil prices came down compared to last year, and have begun to moderate, there’s no sure way to guarantee that they won’t spike again. There are so many variables that can affect the price of heating oil—from geopolitics to the weather. That’s why we offer several ways to help make sure you’re protected from price volatility. Think of it as a flu shot for heating costs: Even if prices do go up, you’ll be protected from big fluctuations, no matter which option you choose.
Here’s everything you need to know about our heating oil payment options!
This plan is a customer favorite, even when fuel prices are at their lowest. That’s because our Worry-Free Budget Plan is a smart way to manage winter heating oil costs and avoid unexpected high invoices, no matter how cold it gets or how much fuel you use.
We use an average based on your past fuel use to spread your costs evenly over 11 months, cutting winter bills nearly in half and making it easier for you to budget your expenses.
The point of the plan is to keep your fuel costs level and manageable, so if we have a particularly harsh winter or prices do spike, we’ll help you manage the increase by adjusting your payments. There’s no worry about a surprise bill for a big balance in the summer. Likewise, if it’s a mild winter, we can adjust and reduce your payments: The point is to help you save while avoiding those big fluctuations.
When you choose our Pre-buy Plan, you agree to pay a fixed price for the season, regardless of whether fuel prices go up or down. This plan lets you take advantage of lower off-season pricing by locking in your per-gallon price ahead of the season, and eliminates worry over unexpected price jumps.
You’ll pay the same price, no matter how many gallons you use, too. So if the winter is particularly harsh and you use more fuel, you don’t need to worry about paying more.
Our Capped Price Program for heating oil takes the Pre-buy Program one step farther. As with the Pre-buy, we agree on a fixed per-gallon price. And, as with the Pre-buy plan, your price will not go higher than that rate. But, when you’re enrolled in our Capped Price Program and oil prices fall, your price will go down, too!
No one wants to save money on heating costs by sacrificing comfort. Whether you use heating oil, propane (because we have similar options for propane, too!) or both, letting the pros at Depew Energy handle all your heating and cooling needs is a smart choice. No matter what happens with prices next winter, our multiple price protection plans are designed to help you keep costs manageable.
If you’d like to sign up for a plan, enrollment is open now. Contact us to review your options and learn about all the ways we can help you save.