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New England Plan and Payment Options – Heating Oil and Propane

Irving Energy’s New England Price Protection Program is now CLOSED!

Heating Oil and Propane Price Protection Plan Options

OptionDescriptionDoes it meet your needs?
Cap Price• You pay no more than the cap price for 12 months, or until your gallons are used up, whichever comes first.
• If the market price goes down, you will pay that lower price.
• There is an added fee for Cap Price Protection.
Cap Price Protection plans are good for
people who are willing to pay a small
fee to guarantee their price will not go
higher than the cap price, and also
get the benefit of paying a lower price
should prices go down.
Variable Price• The price you pay is the current market price.
• The price fluctuates up and down with the market.
• The Variable Price plan does not require enrollment in a Fuel Agreement.
Variable Price plans are good for people
who prefer to pay market price. They are
willing to take the chance that market
prices may go up or may go down.
Fixed Price• Your heating fuel price is fixed until May 31st, 2016 or until your gallons are used up, whichever comes first.
• If the market goes up or down, your price remains the same.
• If the market goes up or down, your price remains the same.
Fixed Price Protection plans are good
for people who want the security of
knowing their price is fixed and will not
go higher, but are willing to take
the chance that prices could go lower.

Heating Oil and Propane Price Protection Payment Options

Pre-Buy and Budget payment options are available only to those that select a Fixed Price Plan or Downside Protection. The Variable Pay option is pay-as-you-go and you have 30 days to pay upon fuel delivery.

OptionDescriptionDoes it meet your needs?
Pre-Buy• You pay a lower fixed price.
• With this special payment option, you prepay the total amount of your Fixed Price plan.
This is a great option for people who
want to pay for their gallons up front and
not have a recurring monthly fuel bill.
Budget

• We estimate your total fuel cost for the heating season and divide it into equal monthly payments.This is a great option for people who
want a predictable monthly fuel payment
to help manage their household budget.
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