If you’re using heating oil to heat your home, then one of the things that you’ll need to pay attention to is the cost of heating oil. This is because heating oil prices tend to fluctuate over the course of the year. If you pay for heating oil as you need it, then this can greatly affect your budget. If heating oil prices are down, then you may spend a little bit less than you expected from one month to the next. However, if they go up, then it could ruin your monthly budget depending on how much prices have increased. Because of this, you may want to lock in your 2017 heating oil prices today while they are relatively low.
Heating oil costs are closely linked to those of crude oil – and as you may know, there are many different factors that can affect the price of crude oil, some of which can’t be predicted very accurately. For example, if 2017 experienced another mild winter, it means that crude oil won’t be in as much demand. Then there’s global tensions with the Middle East – these can have a huge impact on crude oil costs.
Fortunately, you don’t have to be at the mercy of fluctuating heating oil prices. While you can pay as you go, which can result in fluctuating prices that you’ll have to deal with as they happen, you can also choose to pre-buy your heating oil at a capped or fixed price. These types of contracts can end up saving you hundreds of dollars a year since you won’t be affected if crude oil costs suddenly skyrocket. It makes it easier to stick to your budget as well since you’ll know that heating oil costs will never surpass the capped price in your contract.
In addition to pay as you go and our fixed and capped contract options, we also offer a budget plan. Our budget plan can help reduce home heating costs by saving you money with per gallon discounts as well as earning you interest.
Although heating oil is an effective way to heat your home, one of its drawbacks is that costs can fluctuate. Fortunately, we offer fixed and capped contracts as well as budget plans to mitigate this risk. For more information about our heating oil plans, contact us at Woolley Fuel today.
"While a number of fleets in New Jersey, including the Department of Transportation, have used biodiesel blends for many years, this pump opening marks the first time biodiesel will be sold directly to consumers in the state. We commend Woolley...Joe Jobe CEO (National Biodiesel Board)