April 23, 2012
Heating oil prices vary dramatically, based on the company providing the oil as well as a whole host of other factors. As a result, it is imperative to take the time to get quotes on heating oil from many different sources before determining where to get the oil for your home. The tank on the outside of your home should never go empty, but equally, filling it shouldn’t have to cost you a fortune either.
There are online sources that can provide you with heating oil prices in mere minutes. Required information you will need when getting a quote is as follows; your residential location, your contact information and the number of litres you need. If you are not sure how many litres you will need, the oil company can assist you with this.
If you currently have an oil tank on the outside of your home, it will likely list the maximum volume somewhere on it. Otherwise if you are without a tank, let the oil company know this when you are getting heating oil prices so that they can provide you with a quote on a tank as well. A tank can hold as much as 50,000 litres of oil, therefore greatly increasing the capacity of oil available at one time for your home.
When you are getting heating oil prices quoted to you, it is important to remember that quantity will greatly impact the price. The more oil you buy, the more affordable it will be. Many companies will offer a discount on bulk orders because it means they will not have to visit your home as frequently. Therefore, it can be advantageous to purchase a larger tank, get a heating oil delivery less frequently and then get on a monthly payment plan for the oil.
Not all companies offer the same deals on heating oil prices. Some will require full payment up front while others will allow you to go on payment plans. Some of this has to do with the type of Oil Company you are doing business with. While the larger companies may offer lower prices, the smaller family-owned companies offer more flexibility with payments and can be more personable.
The only way to get a low price on heating oil is to take advantage of multiple online quotes. Heating oil prices will vary over the course of the year due to availability of oil. However, once you get initial quotes, most will go up or down correspondingly to those quotes from the others.
Cold weather means you need to take action. With a furnace, it goes without saying that you need the heating oil to be in the tank. If you want to keep heating costs in your home down, you need to get quotes on heating oil prices to be cost-effective and to save money.