The price cap option is for customers who want price protection but prefer
to not pay for an entire heating season's fuel requirement in advance.
Your price will not exceed the cap rate. The premium is paid when you
sign the contract. Your price cap is set when your initial payment is
received due to daily price fluctuations. You may purchase this option
with or without budget payments. Budget payments allow you to make one
monthly payment for your heating oil usage rather than paying for all
of your heating oil during the five winter months that account for 80%
of annual usage.
Credit balances can be used for service policies, upgrades for more efficient
equipment or to lower next season’s budget payments. No refunds will be
issued.
