Posted on: 28 December 2015
When winter's cold temperatures become bitter and colder than normal, you may find yourself going through far more heating oil than you budgeted. If you're running an oil furnace for heat, you'll want to be sure that you get the most for your money when you're ordering oil. Before the winter chill really sets in, consider the possibility of buying into a heating oil co-op. Here's a look at some of the benefits you may receive from making an investment like this.
Heating Cost Reduction
In most cases, heating oil co-ops are able to negotiate fixed pricing with a supplier so that you aren't affected by the seasonal fluctuations in pricing. You also won't have to pay the increased pricing for increased demand, which can save you significantly over the course of the winter season.
Securing this fixed pricing not only saves you from paying the fluctuating prices, but it also allows you to budget your heating costs more effectively throughout the season. When you know how much you'll pay per tank fill, you can establish a solid budget for the winter months.
You can even look into the consistent billing system, which spreads your estimated costs over the full year. This may help you to reduce the strain on your bank account during the winter.
You may have to pay an annual membership fee for the co-op, though. This fee is usually dedicated to paying for negotiation services during contract renewals as well as general administrative fees.
Easier Dispute Resolution Services
If, for any reason, there is a discrepancy in the deliveries or charges fro the heating oil supplier, the co-op organizer and representative can provide intermediary services. Although you may not have a lot of bargaining power or a significant voice as an individual, your co-op is a collection of people and represents many paying customers. This automatically increases your bargaining power when it comes to settling disputes and addressing issues.
Complete Control Over Delivery Timing
Working with a co-op doesn't mean that you'll have to change your delivery schedule. You can still retain the delivery schedule you've always had.
As you can see from the benefits here, working with a co-op can help you get through the winter months more easily with your oil heat. If you are living in a region where heating oil is a popular commodity in the winter, you may want to look into a service like this for your home heating. Talk to your heating oil supplier or Glendale Heating & Air Conditioning for more information.Share