Fuel Price Protection: How It Works

July 13, 2017

As summer kicks into high gear here on the Lower Cape, the thought of heating your home may not be top of mind. We’re here to explain exactly why it should be.

Buying heating oil or propane as you need it throughout the winter months can make for unpredictable budgeting, unnecessary hassle, and often overpayment—due to peak-season rates—for the same fuel you could secure now.

What Is a Price Protection Program?

Choosing price protection for your annual supply of heating oil or propane adds predictability to your fuel costs and often saves you money while adding convenience. Price protection comes in the form of a Pre-Pay Program and Budget Plan.

How to Take Advantage of Better Fuel Pricing This Winter

Step 1: Learn about Your Price Protection Options

A Pre-Pay Program allows you to pay for your entire annual fuel supply before the heating season begins, so you benefit from a lower preseason price per gallon. With a Budget Plan, your total annual fuel supply is estimated and spread out over the course of the year into small monthly payments. For both options, you will never pay more per gallon than the capped priced you lock in at the time of enrollment.

Step 2: Determine Which Plan Is Right for You

Wondering how to make the choice that is best for your family’s comfort and budget?

  • Choose a Pre-Pay Program if you are interested in a true set-it-and-forget-it plan. Pay up front and be worry-free about fuel payments throughout even the coldest winter months.
  • Choose a Budget Plan if you prefer to organize your heating costs alongside other monthly bills for convenient planning and budgeting with no surprises.

Step 3: Estimate Your Payment(s)

Get an idea of your anticipated pre-pay amount or monthly budget payment before signing up! If you heat with oil, calculate right here. If you use propane, click here for your estimate.

Step 4: Sign Up with Ease

After weighing your options and calculating your anticipated preseason or monthly payment, signing up for your Price Protection Program of choice is quick and easy. Enroll online or contact the experts for assistance.

Step 5: Enjoy Your Summer!

Taking just a few moments to plan ahead and protect your fuel price can save you time, money, and stress this winter. Now that you’re signed up, you can get right back to relaxing at the beach or basking in the comfort of your perfect backyard!