Getting the Best Heating Oil Prices in Norwich, CT

by | Sep 8, 2015 | Oil and Gas

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Heating oil for the winter can get quite expensive, especially if you don’t plan ahead and do a little research to find the best possible prices. There are a few things to look into that may help make this a bit easier on the budget.

Consider Different Purchasing Options

There are a few different ways to purchase heating oil, including a payment plan, paying market price or pre-buying the oil for the whole season. Payment plans set the price, so a person pays the same per gallon of oil through the whole heating season. Sometimes they allow for spreading the oil costs out evenly over the entire year, making it easier to plan a budget. In some cases, the payments are fixed, while in other cases they are capped. Finding a capped plan will allow a person to get the best possible heating oil prices in Norwich CT because although a fixed plan doesn’t allow the prices to go up or down with the market, a capped plan allows them to go down. This means people don’t overpay for their oil. People who pay the market price are stuck paying whatever the current market price is and get large bills whenever the tank is filled up instead of spreading the costs out through the year. Those who have the money on hand and see a good market price can pre-buy all their oil for the season, as long as they know about how much they need, but this requires them to have the money on hand for this, which not everyone does. Sometimes companies give a discount for doing this, but if the price went down, a person could end up paying more than they need to with this method. Click here for more info on these options.

Look Into Different Types of Companies

For those who want to pay market price, it’s sometimes possible to get lower Heating Oil Prices in Norwich CT by purchasing from a cash-on-delivery discount dealer. To do this, however, the oil has to be paid for on delivery, not at a later time. These companies offer discounted prices, but don’t provide any other services, such as yearly maintenance or service, that full-service oil companies provide. There are also some companies that are a hybrid of these two types, providing somewhat discounted prices and offering some service contracts but still requiring payment on delivery.

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