Energy prices are subject to unpredictable swings, including price increases that can drive up your heating costs. If you want to lock out the threat of inflation and make your costs predictable, MacFarlane Energy can help with our Price Protection programs.
We offer two choices for protecting your oil price.
Capped Price PlanPurchase your seasonal supply (or a portion of it) with a two-part guarantee regarding the price. First, your price will not exceed the "cap price" that we agree upon when you enroll, regardless of how high prices go during the heating season. Secondly, if our daily price of oil is lower than the cap price for any given delivery, you will pay the daily price instead of the cap price for that delivery.
Cons: There is a cost associated with protecting an oil price against the risk of sizable price swings in both directions, and this plan carries a fee to cover the cost of two-way price insurance.
Fixed Price PlanYou agree to purchase your seasonal supply (or a portion of it) from MacFarlane Energy for a fixed price, that we agree upon, when you enroll.
Cons: If the price should decrease during the heating season, you will not benefit because your price is locked in.
To learn more about the Price Protection programs or to enroll, please call our office or contact us online.