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O’Connor of NYPIRG said Long Island benefits from having a large number of fuel-oil retailers, even though “there’s been a lot of consolidation in the market,” since the last volatile period in 2008. Fixed Price – this price is offered to the consumer for the entire year. You are basically locked in to a price that will not change even if they market prices go up or down. Gary Zanazzi, co-owner of Swezey, said the company will allow customers to lock in if they desire, but there’s “big risk to locking in right now” and he doesn’t recommend it. Although we do our best to scour the internet, LIFP is still a work in progress.
The prices at which he buys oil, he said, have never been higher. If you order 200 gallons of heating oil, you’ll be paying a $17 fee for a cash delivery, and $24 for a credit card delivery. Many customers feel this plan is a better option as it gives you a limit on how high your price can go and hopefully take advantage of lower prices in the future. The price will trend up or down based on market conditions but will never exceed a set limit. Petro protects the cost of your oil and assumes all risk, so if you terminate your account prior to the expiration of your contract, an early termination fee of $399.00 will be assessed. Home heating oil prices are setting records on Long Island and throughout the state, with some dealers reporting prices topping $6 per gallon this week after setting decades-old records this winter.
Current Fuel Oil Prices in Suffolk County New York
We know life gets busy when you’re a homeowner, and on top of that, you might have family and work responsibilities as well. That’s why we offer accessible, convenient, and easy online ordering of home heating oil. To be sure you are getting the best deal around, you can easily access our oil prices and then place an order for BioFuel or heating oil in seconds using our website. Our ease of ordering fuel and low prices along with providing 100% customer satisfaction are unmatched on Long Island. Whenever you’re ready to order, your fuel delivery is just a few clicks away.
“Ordering oil on a C.O.D basis alleviates many of today’s fears with full service oil. Prices go up and down daily as the market changes but the C.O.D price per gallon always reflects discounted rates. It’s fast, easy and free for all consumers” said CodFuel.com owner John Franco. Now, you might say that these fees get paid by the supplier. One thing to know about heating oil deliveries is the profit margins of discount COD oil companies are extremely slim. Due to high competition, you’ll notice that oil companies compete by the penny.
Heating Oil Prices
There’s no flexibility whatsoever when it comes to using third-party services. As we’ve mentioned, C.O.D. oil is exactly the same as regular home heating oil. There’s no difference in quality and absolutely nothing cheap about it—other than the price.
We update oil prices daily to bring you the convenience of having multiple companies in one place. You’re also able to sort by price per gallon so you can identifiy the cheapest oil prices on Long Island instantly. But customers across Long Island are seeing even larger bills as a spring cold snap prompts some to top off oil tanks. Nick Del Vecchio, president of Frank Bros., a heating oil company in Bay Shore, said prices this week ranged between $6.29 and $6.39 a gallon, before settling in at $6.35 today.
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If you do choose cash on delivery option, you must have the cash in hand on the day of your delivery or pay with a credit card. It’s too expensive for full service oil dealers to play the part of a banker. The oil dealer fills up their truck and gets paid instantly when the oil is pumped into a customer’s tank.
When you opt for automatic deliveries, the delivery company will track the amount of oil you are using and deliver before you’re estimated to run out. The price of the oil is determined by the going rate at the date of your delivery, or it may be a locked-in price if you chose that option. “We’re getting calls now and telling customers it’s risky to lock in, but if you want to lock in, you can,” he said. Swezey is considering a capped-price program for the coming heating season, but it will carry costs for customers, along with the potential lost benefit if prices drop. Capped fuel programs might cost upward of 50 cents a gallon more, for instance, he said, though his program is not yet established.
New York State Energy Research and Development Authority
Please take a moment to look at our testimonial page and see what our customers have been saying about us. Thousands of Suffolk County oilheat consumers rely on Codfuel.com. Oil delivery, oil burner repair service with convenient online ordering. No sponsored listings and no picking and choosing who we list. Any fuel oil company located on Long Island is welcome to be listed for free.
CashHeatingOil.com allows consumers to purchase discount heating oil by paying cash or using a credit card. We provide competitive heating oil prices from heating oil dealers in your area. This allows consumers to directly purchase discount heating oil on an as needed basis from local discount heating oil dealers. In today’s difficult economy this is a cost effective way to purchase heating oil.
If you live in our service area you can quickly and easily get an instant quote and order your home heating oil online. Season-long home heating oil contracts may appear enticing since they take on the responsibility of ensuring you never run out of oil and because many companies throw in a tune-up with the contract. However, what these suppliers won’t tell you is that sometimes inaccurate measurements of your tank or estimations of your heating usage can lead to a suddenly empty tank, which leaves you in a bind. In addition, these home heating oil contracts often come with significant cancellation fees and penalties, meaning if you discover the service is unreliable or the quality of oil is poor, you can’t easily change suppliers. Lastly, the value of a tune-up is generally less than what you’d save by going with COD oil.
Wholesalers aren’t storing large quantities of oil, Del Vecchio said, because of concerns of having too much inventory at record high prices as the heating season, and demand, tapers off. Some customers prefer full service COD oil companies because they like the peace of mind that their heating system is covered in case of a breakdown. However, if you are considering a full service company, you need to know that some parts cannot be serviced and covered under the agreement and you will need to pay for it out of pocket. In addition, you can expect to pay around $1 more per gallon for oil in order to cover any potential heating repairs. Once you place an order, they will not allow you to change the number of gallons, payment method or delivery day.
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If your receipt contains those words, you’ll receive a 20¢ per gallon tax credit from New York State. Be sure to send your receipt along with a completed NY State form IT- 241. Don’t hesitate to contact us with questions or for more information. A public benefit corporation, NYSERDA has been advancing energy solutions and working to protect the environment since 1975. Cash on delivery heating oil is a system where customers can order the amount of oil that they need, and have it delivered to their home during a specified period of time. Codfuel.com is the most convenient and safest way to order heating oil.
With this option, you will schedule a delivery with a local oil company whenever you need oil. When they show up to deliver the oil, you will generally be expected to pay that day. If you choose this option, you will be able to specify the amount you will need. You normally get a better deal on the oil when you choose COD oil delivery. If you are not satisfied with your oil delivery company, you can switch suppliers on the next delivery as there are no contracts.
Zanazzi said some customers with last winter’s locked-in rates that haven’t yet expired are requesting that their tanks be topped off for the summer, even though they aren’t due for a delivery until the fall. Swezey is accommodating some of the requests in cases in which customers have half a tank or less, he said, but the company takes a loss on such transactions. ALWAYS call your oil company directly to place an order – many times you’ll be able to get a much better discount if you ask for it.
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