Heating Oil Price Protection
With oil prices so unpredictable, Tri Gas offers you our Promise Plan, which lowers your winter fuel bills and offers you the option of “capping” your heating oil price.
With the Promise Plan, you’ll make 12 equal monthly payments, based on our estimate of how much fuel you will need during the heating season. If you choose a cap, your heating oil price is guaranteed not to go above a set “ceiling” price no matter what happens in the fuel markets.
How a price cap works
With a price cap, you agree to pay a set per-gallon price for your home heating oil that is typically higher than the market price, but is guaranteed not to go above a set “cap” price. The price cap program includes downside protection as well; if heating oil prices drop below the cap, your price will go down too.
To learn more about Heating Oil Price Protection from Tri Gas & Oil, please contact us today.