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Capped Price Program

Capped Price Program

How to protect yourself from oil price swings

As we all know by now, fuel prices rise and fall. If you worry about rising prices, then our capped price program plan may be for you. This plan caps your next winter’s delivery price at $3.99 a gallon.

Here is how it works: You pay for your heating oil now at $4.39 a gallon with your credit or debit card. This is the cost of your heating oil at a capped price of $3.99 a gallon, plus a 40-cent-per-gallon nonrefundable program fee. This fee makes it possible for your delivery price to go lower than the $3.99 capped price, if market conditions permit. If you pay by cash or with a check, we offer a 5-cent-per-gallon discount off the nonrefundable program fee, so our total cost when paid with cash or check would be $4.34 a gallon.

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Terms and Conditions
Deliveries are to be made between October 1, 2023 and May 31, 2024.In order to participate, your account must be paid in full. The prepurchase price is for deliveries made through May 31, 2024. Any gallons remaining after May 31, 2024, may be refunded at $3.99 per gallon. The $0.40-per-gallon program fee ($0.35 per gallon if paid by cash or check) cannot be refunded. Any other charges to your account, including, but not limited to, Comfort Protection Plans, service calls, Tank Protection or taxes, must be paid separately. If not paid, the number of prepurchased gallons remaining will be reduced. Deliveries may be curtailed and your capped-price gallons refunded due to acts of God, war, supply shortages or any cause beyond the control of Fredericks Fuel and Heating Service that would prevent us from delivering the agreed-upon quantity of oil. When your prepaid gallons have been delivered, the balance of your deliveries will revert to our then-posted price. The company reserves the right to limit the quantity purchased. Offer expires without notice when supplies at this price run out or September 30, 2023, whichever is sooner.

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