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Home Heating Oil - Fuel Oil |
| Pricing Options: |
| 1. Fuel Plans / Buy-Ahead Programs |
Fuel plans allow our customers to lock in prices for the coming season and eliminate the worry of increasing and volatile fuel oil prices. The fuel plan is a voluntary agreement between our customers and Cromwell Energy to buy heating oil at a fixed price. The price of this oil is then guaranteed and cannot be raised above the locked-in price.
Our customers may also buy “downside protection”. Downside protection is like insurance, in that you are “covered” if the price of oil goes below your locked-in price. If oil prices decline during the contract season, the customer will pay the new, lower price for their oil. Downside protection is recommended. |
| Cromwell Energy offers two payment options for their fuel plans: |
| A. Budget Payment Plan |
The customers pay for their agreed upon number of gallons over an 11-month payment period. Downside protection is automatically included in this option. |
| B. Full Payment Plan |
| The customer pays for all of their contracted gallons up front, and has the option of buying downside protection. It is recommended that clients buy downside protection, ensuring that they always pay our lowest possible price for their oil. |
Have Questions About Our Plans?
FAQ (Frequently Asked Questions)
Info Sheet for Fuel Plans |
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| 2. Regular Budget Plans |
| Budget plans are 12-month payment plans created to allow our customers to split their estimated yearly oil costs into 12 easy installments. Cromwell Energy provides our customers with an estimate of the number of gallons they will use and the price of those gallons. These estimates may be revised as oil prices and usage may vary during the course of the year.
Clients in the fuel plan or under the budget payment plan are on automatic delivery (i.e., Cromwell Energy will deliver your oil based on your usage patterns and “degree days”). |
| 3. Variable Pricing |
Under variable pricing the client pays the daily market rate for the price of oil.
A 10-cent per gallon discount is given for payment within ten days of delivery.
Clients under variable pricing may be on an automatic delivery or “will call” delivery basis. |
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| Cromwell Energy Inc • 308 Main Street • Cromwell, CT 06416 • Phone: 860.635.1234 • Fax: 860.635.2006 • email |
Cromwell, CT - 06416 / Portland, CT - 06480 / Middletown, CT - 06547 / Durham, CT - 06422 / East Berlin, CT - 06023 / Berlin, CT - 06037
South Glastonbury, CT - 06073 / Glastonbury, CT - 06033 / Middlefield, CT - 06455 / East Hampton, CT - 06424 / Rocky Hill, CT - 06067
Wethersfield, CT - 06109 / Newington, CT - 06111 |
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