Heating Oil Price Protection Plans

Fixed Pre-Paid Plan:

With this plan, you purchase a pre-determined amount of gallons before the heating season begins, when heating oil prices are historically lower. Any unused gallons will be rolled over to the following year's program.

Pros:

• You purchase fuel at a fixed rate that's historically lower than the seasonal rate.
• You make one convenient payment for the entire heating season.

Cons:

• Any usage above pre-paid gallons is subject to market price at time of delivery.
• Fuel prices could potentially fall lower than your agreed-upon pre-paid rate, in which case you could end up having paid more than you would have if you'd chosen to ride the market or gone with a plan that offered downside protection.
• No price adjustments are allowed once the contract is entered.

Cap Plan:

With this plan, you agree to purchase a pre-determined amount of gallons at a fluctuating rate that cannot go above the pre-determined cap. A pre-paid cap fee, for downside protection, will be due upon signing agreement. Unlike the Fixed Pre-Paid Plan, you pay for each load of heating oil after it's delivered. Any unused gallons will be rolled over to the following year's program.

Pros:

• You enjoy the benefits of falling market prices with downside protection.
• You're protected against seasonal price spikes above the pre-determined cap.

Cons:

• An upfront cap protection fee applies.
• Any usage above pre-paid gallons is not protected by the price cap.

Cap Budget Plan:

You pay for your heating oil deliveries at a fluctuating rate that cannot go above the pre-determined cap. Additionally, your annual fuel cost is spread out equally over 12 months.

Pros:

• You enjoy the benefits of falling market prices with downside protection.
• You're protected against seasonal price spikes above the pre-determined cap.
• Your cost is broken down into 12 easily manageable payments.

Cons:

• An upfront cap protection fee applies.
• Monthly budget price may be adjusted at any time based on usage, market fluctuation and other factors.

Posted Price Budget Plan:

Your annual fuel costs are spread out evenly over 12 months. Based on market fluctuations, your account may, at the end of the program, be credited to the following year or billed for the remaining balance.

Pros:

• Added convenience and peace of mind.
• Your cost is broken down into 12 easily manageable payments.

Cons:

• Monthly budget price may be adjusted at any time based on usage, market fluctuation and other factors.

Fixed Price Plan:

You agree to a fixed price gallon cost over the term of the plan; however, unlike the Fixed Pre-Paid Plan, there are no upfront costs, no pre-determined gallon amount, and you pay after you receive your delivery.

Pros:

• You purchase fuel at a fixed rate that's historically lower than the seasonal rate.
• You don't have to worry about prices rising due to inflation or other factors.

Cons:

• No matter how much oil you use, you will pay the agreed-upon fixed rate.
• Fuel prices could potentially fall lower than your agreed-upon fixed rate, in which case you could end up having paid more than you would have if you'd chosen to ride the market or gone with a plan that offered downside protection.
• No price adjustments are allowed once the contract is entered.

Fixed Price Budget Plan:

You reserve a specific amount of gallons for the heating season based on your historical data. You agree to pay a fixed price for those gallons. Your total cost is then spread out equally over 12 months.

Pros:

• You purchase fuel at a fixed rate that's historically lower than the seasonal rate.
• You don't have to worry about prices rising due to inflation or other factors.
• Your cost is broken down into 12 easily manageable payments.

Cons:

• Fixed budget rate will be estimated based on historical data. If you end up using more oil, your last few payments could be higher.
• Fuel prices could potentially fall lower than your agreed-upon fixed rate, in which case you could end up having paid more than you would have if you'd chosen to ride the market or gone with a plan that offered downside protection.
• No price adjustments are allowed once the contract is entered.

Ride the Market Plan:

This plan allows you maximum flexibility. You'll pay as you go for each fuel oil delivery at the market price on the day of delivery. This means that the cost will vary depending on our posted street price and the chosen date of delivery. Harris Comfort will deliver your fuel oil without any price commitment and if you pay within 10 days you will receive a $0.03 per gallon discount applied to your bill.