CONSUMER CORNER: Home Heating Oil Cool Facts; Delivery & Pre-paid Contracts - LevittownNow.com

2022-08-19 22:28:39 By : Ms. Lydia Xiang

Provided by the Bucks County Department of Consumer Protection:

When considering signing or “agreeing” to a contract with a Home Heating Oil Company keep the following in mind:

The Cap Protection Program– A cap protection is usually a two or three hundred dollar upfront fee that guarantees the agreed upon price and if the price of oil drops so will your cost.  If the price increases, the cap guarantees that the price will not exceed what you agreed upon for price per gallon. 

The Budget Program-allows you to pay monthly, for a term of twelve months, at a set price per gallon.   

Automatic Delivery (@market price) – a one year term to have deliveries made automatically and billed at the market price for that day. 

Cash On Delivery (COD) from any company that you choose. There is usually a minimum delivery amount required with this option.  The price you pay will be the market price. 

We encourage every consumer to ask questions before agreeing to anything.  Make no commitment until you know the costs and penalties and understand the terms fully.

It’s Oil Delivery Day!

What can you do to protect yourself in this “transaction of trust”?

Once delivery is complete you should receive a printed meter ticket from the driver with the following information on it;

Home heating oil companies doing business in Pennsylvania must follow strict regulations as set forth by the National Institute of Standards and Technology.           

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