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Many of these oil dealers are having difficulty getting paid in time from their customers and in return are having difficulty paying their own suppliers. Some oil dealers have renegotiated payment terms and locked in oil prices. They have also added additional late fees, termination fees, fuel surcharges and other miscellaneous fees to their contracts. Even some of the “good paying” customers have gotten burned by some oil dealers who could not provide fuel at the promised price; now forcing the consumer to find oil at a higher price than what was previously negotiated.
Ordering fuel at ¼ a tank ensures that we can make your next delivery with your having plenty of fuel to get your through until delivery. "Whether prices are $3 or $6 a gallon, most of that money is going far, far upstream from someone delivering to your door," O'Connor said. "Most of what you pay is not going to that local retailer."
Current Fuel Oil Prices in Suffolk County New York
You can find a local cesspool company and compare prices and services. Running out of heating oil presents a serious risk to your heating system, your heating oil storage tank, your family and your home. A no-heat emergency is a major stressful situation that no one wants to experience. The best way to prevent a runout of home heating oil and empty heating oil storage tank is to always order heating oil when your tank gauge reads ¼ full.
“Ordering oil on a C.O.D basis alleviates many of today’s fears with full service oil. Prices go up and down daily as the market changes but the C.O.D price per gallon always reflects discounted rates. It’s fast, easy and free for all consumers” said CodFuel.com owner John Franco. Now, you might say that these fees get paid by the supplier. One thing to know about heating oil deliveries is the profit margins of discount COD oil companies are extremely slim. Due to high competition, you’ll notice that oil companies compete by the penny.
Heating Oil Prices
Oftentimes $17 is all they make per delivery after expenses. It means that they need to add in the $17 back into your price to pay for the fee. You can choose from many different suppliers in the region, and you can purchase exactly how much oil you want when it is most convenient for you. There are no contracts or commitments, and you often receive the oil delivery same-day or the next day. There’s a $15 cancellation fee for all cancelled orders scheduled through the third-party website – for cash and credit card orders.
We update oil prices daily to bring you the convenience of having multiple companies in one place. You’re also able to sort by price per gallon so you can identifiy the cheapest oil prices on Long Island instantly. But customers across Long Island are seeing even larger bills as a spring cold snap prompts some to top off oil tanks. Nick Del Vecchio, president of Frank Bros., a heating oil company in Bay Shore, said prices this week ranged between $6.29 and $6.39 a gallon, before settling in at $6.35 today.
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But if you ordered from the oil company directly, they would not have to pay the extra commission fee, meaning that you’d be able to get a much better deal. For customers paying the highest prices, the sting is much worse. Safe credit card payment from the Oil Company of your choice. Payments are made directly to the heating oil Company.Pay by Cash or Credit Card on delivery. “They’ve been doing a lot of acquiring,” O’Connor said of Star, noting the company tends to keep original company names and many of the employees intact. As for Star's impact on local pricing, he said there isn't a lot of profit margin for the local retail suppliers.
When you opt for automatic deliveries, the delivery company will track the amount of oil you are using and deliver before you’re estimated to run out. The price of the oil is determined by the going rate at the date of your delivery, or it may be a locked-in price if you chose that option. “We’re getting calls now and telling customers it’s risky to lock in, but if you want to lock in, you can,” he said. Swezey is considering a capped-price program for the coming heating season, but it will carry costs for customers, along with the potential lost benefit if prices drop. Capped fuel programs might cost upward of 50 cents a gallon more, for instance, he said, though his program is not yet established.
New York State Energy Research and Development Authority
Please take a moment to look at our testimonial page and see what our customers have been saying about us. Thousands of Suffolk County oilheat consumers rely on Codfuel.com. Oil delivery, oil burner repair service with convenient online ordering. No sponsored listings and no picking and choosing who we list. Any fuel oil company located on Long Island is welcome to be listed for free.
CashHeatingOil.com allows consumers to purchase discount heating oil by paying cash or using a credit card. We provide competitive heating oil prices from heating oil dealers in your area. This allows consumers to directly purchase discount heating oil on an as needed basis from local discount heating oil dealers. In today’s difficult economy this is a cost effective way to purchase heating oil.
It's not just heating oil that's impacted by the increases. As Newsday reported Tuesday, gasoline prices have also broken records in recent days, and the cost of diesel fuel is rising apace. Riverhead fisherman Phil Karlin said he recently paid $6.30 per gallon for diesel to fill his North Fork trawler. One of the reasons is that cash-squeezed customers are buying oil in much smaller quantities than before, making it more expensive to deliver. And late- or nonpaying customers can take a bigger hit on overall profitability.
Wholesalers aren’t storing large quantities of oil, Del Vecchio said, because of concerns of having too much inventory at record high prices as the heating season, and demand, tapers off. Some customers prefer full service COD oil companies because they like the peace of mind that their heating system is covered in case of a breakdown. However, if you are considering a full service company, you need to know that some parts cannot be serviced and covered under the agreement and you will need to pay for it out of pocket. In addition, you can expect to pay around $1 more per gallon for oil in order to cover any potential heating repairs. Once you place an order, they will not allow you to change the number of gallons, payment method or delivery day.
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If your receipt contains those words, you’ll receive a 20¢ per gallon tax credit from New York State. Be sure to send your receipt along with a completed NY State form IT- 241. Don’t hesitate to contact us with questions or for more information. A public benefit corporation, NYSERDA has been advancing energy solutions and working to protect the environment since 1975. Cash on delivery heating oil is a system where customers can order the amount of oil that they need, and have it delivered to their home during a specified period of time. Codfuel.com is the most convenient and safest way to order heating oil.
With contracts, you may be stuck with a supplier that is unreliable or provides poor quality oil. COD heating oil is the perfect choice for cost-conscious consumers who value flexibility. Owners of “full service” oil companies are also feeling the punch.
Zanazzi said some customers with last winter’s locked-in rates that haven’t yet expired are requesting that their tanks be topped off for the summer, even though they aren’t due for a delivery until the fall. Swezey is accommodating some of the requests in cases in which customers have half a tank or less, he said, but the company takes a loss on such transactions. ALWAYS call your oil company directly to place an order – many times you’ll be able to get a much better discount if you ask for it.