What we do know is that no matter where the price of home heating oil goes, our customers need some way to make their price more predictable. That is why we offer price protection; a system to help you know in advance what you will pay for your heating oil in a given year. Some companies make this process complicated; we don’t.
Rucci Oil Company offers price protection in the form of a price cap. Here is how it works: before the heating season starts, you agree to pay a set per-gallon price for your home heating oil, and you’ll never pay above that price cap. You’re protected and don’t have to worry about paying more, even when the market price of oil is higher than your price cap. The great part is that if heating oil prices drop below the cap, your price will go down too.
As you might expect, our suppliers charge us for offering this type of ‘insurance’. Unfortunately, that cost has increased considerably in the last few years as crude oil prices have become much more volatile. Consequently we are forced to charge you a fee for this protection.
Make home heating oil payments even easier through our budget program, a popular option for those enrolled with a price protection plan. Our budget program helps make your fuel bills more manageable by spreading out the cost over 11 months. For even greater convenience, you’ll want to consider automatic delivery of your heating oil, which frees you from having to call us when you need fuel. We keep track of your fuel use and make an automatic delivery before your heating oil gets too low. There is no extra charge for this service.
Contact us to know more about our heating oil price protection program.
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History has demonstrated that heating oil prices tend to be cyclical. One year the price of home heating oil is high, the next year it is low—or perhaps the price cycle extends over multiple years. There’s no single reason that the price of oil rises and falls, whether it is supply and demand, or geopolitical events, or speculation — or all of these factors.
