Average Costs Of Heat Oil
The price for heating oil changes over time and by where a consumer lives. Here are some reasons why the price may vary from time to time.
Crude Oil Prices
Crude oil is the major price component of heating oil. Therefore, the change in the price of crude oil affects the price of this oil as well.
Seasonal Demand Or Heat Oil
If the crude oil prices are stable, heating oil prices tend to rise gradually in winter or when demand for the fuel rises.
A locality with a large number of suppliers or dealers will have lower prices than the one with a few suppliers. Also, consumers in rural or remote locations usually face higher prices because of lack of competition.
If the product needs to be transferred to remote locations, prices rise.
There are two main delivery options.
Through automatic delivery, you won’t have to worry about keeping your oil tank full. It would be the dealer’s responsibility, who would regularly monitor your consumption remotely, and devise a schedule.
To access this option, you must have either a credit account or balance with the dealer.
Will Call Delivery
If you want to go for will call delivery option, you would have to call the delivery service every time you need the delivery. Most dealers require you to give them a notice of at least 24-48 hours and a minimum delivery requirement of 150 gallons.
You would need to be present at home for the delivery unless you have balance or credit with the dealer. We recommend you to let the tank level drop to half a quarter before you order new heating oil delivery.
Benefits of Heating Oil
If you’re still doubtful about whether using heating oil is a good option or not, here’s what you must read.
As this fuel’s composition is quite different from gasoline and utility gas, it is very safe. It doesn’t burn in a liquid state. It isn’t explosive. To light this fuel on the fire, you would need to heat it above 140 degrees. Thus, storing a substantial supply of heating oil in your property is risk-free.
Though natural gas seems to be cheaper than this fuel, over an extended period, heating oil is the best option for affordable home heating.
The emissions of this clean fuel aren’t even regulated by the Federal Clean Air Act. It is one of the most environment-friendly home heating options.
This oil heats faster than other fuels because of its scalding flame.
Some of the systems have efficiency ratings of 90% and over. It saves fuel and energy and ultimately, your money.
As the supply of this fuel has grown manifolds in recent years, it is quite an individual resource.
As most of the heating oil delivery companies are local, they’re almost always available for same day service or emergency delivery.
Why People Heat With Oil?
- Oil is on average 16% more efficient than gas.
- Oil is up to 50% less expensive to operate than electric.
- Oil is a safe, affordable heating fuel.
- With proper maintenance of the equipment, oil is every bit as clean as gas and electric.
- Nuclear power does not generate oil heat or nuclear waste.
- Oil heat dealers are local and can provide quick services while gas and electric companies can’t.
- As your oil dealer depends on you to stay in business, you can depend on your oil dealer.