Connecticut Heating Oil Pricing
Cromwell Energy offers Connecticut residents two options for home heating oil pricing: Lock-In Pricing / Fuel Plan Programs and Market Rate Pricing.
Lock-In Pricing / Fuel Plan Programs
Fuel plans allow our customers to lock in prices for the coming season, and eliminate the worry of increasing and volatile fuel oil prices. [We think that this is particularly relevant given the recent geo-political uncertainty in the Middle East, and the uncertainty associated with the Coronovirus .] The fuel plan is a voluntary agreement between our customers and Cromwell Energy to buy heating oil at a set price. The price of this oil is then guaranteed (for the gallons purchased) and cannot be raised above the locked-in price.
Our customers may also purchase “price protection” (called a Cap Plan). Price protection is like insurance, in that you are “covered” if the price of oil goes below your locked-in price. If oil prices decline during the contract season, the customer will pay the new, lower price for their oil. Price protection (the Cap Plan) is recommended, so that you know you will always pay the lower price. Note: The gallons that you purchase under the fuel plan are an estimate of your gallons for the year. The actual number of gallons you use will be contingent on the weather, and any changes in how warm you like to keep your home. At the end of the plan year, customers will typically either have a credit on their account (if they use fewer gallons), or owe something for their overage.
Cromwell Energy offers three options for their fuel plans:
A. Cap Plan – Budget
The customers pay for their agreed upon number of gallons over an 12-month payment period, with the plan running from June through May. Price protection is automatically included in the budget option. The majority of our customers opt for the budget option, as it provides a stable payment mechanism over the course of the year.
B. Cap Plan – Pre-Pay
Under the Cap Pre-Pay plan, the customer pre-pays for the full number of gallons purchased, with price protection included. [Note: Pre-pay plans may not be purchased from November 1st – March 30th per State of Connecticut law. Budget plans may be purchased year-round.] There is usually a five cent discount per gallon on the price for the pre-pay Cap option.
C. Fixed Plan – Pre-Pay
The customer pays for all of their contracted gallons up front, but price protection is not included, so you will always pay the same price for your covered gallons (regardless of whether the price of heating oil goes up or down throughout the year). There is no budget option for the Fixed pricing plan. [Note: Pre-pay plans may not be purchased from November 1st – March 30th per State of Connecticut law. Budget plans may be purchased year-round.]
The FAQ (Frequently Asked Questions) Sheet at the bottom of the page provides a more detailed description of how the fuel plan works (just click on the red box ). Please feel free to call our office if you have any additional questions!
Market Rate Pricing
A. “Regular” Budget Plans
Budget plans are 12-month payment plans created to allow our customers to split their estimated yearly heating oil costs into 12 easy installments. Cromwell Energy provides our customers with an estimate of the number of gallons they will use, and the estimated price of those gallons. These estimates (and budget payments) may be revised as oil prices and usage may vary during the course of the year. Regular budget customers are on “automatic delivery”, meaning Cromwell Energy will monitor your usage, and deliver to your home on a regularly scheduled basis.
B. Variable / Daily Market Rate
Regular automatic delivery clients pay the current, daily retail price for heating oil, and are offered a ten cent discount for paying within ten days of the delivery date. Will call customers must purchase 150 gallons (or more) to qualify for the ten cent discount. Under either the automatic delivery or will call option, Cromwell Energy will always be respectful of your property and deliver on a timely manner at a fair price.
Many customers ask us what the “best” option is for buying heating oil. We think the Cap Budget plan is the best option because it ensures that your price of oil will not go above a set price, and it spreads your costs throughout the heating season. Predicting (future) oil prices is notoriously difficult, and even the market “experts” are often wrong. That said, we want our customers to choose the best plan for them, based on their specific needs, so we never try to “sell” one buying option over another. Whatever plan you choose, know that Cromwell Energy will always deliver your heating oil safely, efficiently, and at a fair price.
Oil Delivery & HVAC Services
In addition to our heating oil delivery, Cromwell Energy offers HVAC services throughout Middlesex and Hartford County, CT. We offer installation and maintenance services for most major brands of heating equipment (boilers, burners and furnaces) as well as commercial & residential central air conditioning (AC) systems. We also install the highly rated Mitsubishi ductless mini-splits and heat pump systems - which have become a go-to option for many Connecticut homeowners.
Heating Oil Delivery
To ensure that your home receives high quality fuel, Cromwell Energy delivers premium heating oil that contains the state-of-the-art HEATDOC additive package.
Heating Services
We sell, install and maintain most major brands of heating equipment, (boilers, burners and furnaces) including Burnham, Buderus, Viessmann and American Standard.
Air Conditioning Services
Cromwell Energy has the experience and expertise to professionally install and maintain your commercial or residential central air conditioning (AC) system.
Customer Testimonials
At Cromwell Energy, customer satisfaction is always our highest priority. Read some of our many 5 star reviews!
First time dealing with them. Annual service on a Navien Combi unit installed 2 years ago, they were great would highly recommend!
Cromwell Electric was wonderful to work with. Jeff gave a clear explanation of estimate for mini split a/c and installation happened within a few weeks (earlier than expected)! Tom, Jason and Ken were extremely professional and friendly. Got work done in a day without interrupting us in the home. Everything was cleaned up and took time showing us how to work the units and care for them. We will continue to use this company for multiple services when needed. A+++.
Eric Mori came to do my annual service and he was exceptional! He took the time to answer all my questions, thorough and polite ! I was so pleased and he was neat and timely! He did both my AC and heating!
In the middle of a heat wave, our AC quit. Having used Cromwell Energy for furnace maintenance previously, I recalled the excellent service they provided. They did not disappoint again. Even though they were scheduling a week out, a technician became available the next day. Eric was professional, courteous, answered all my questions (and then some), and clearly was an expert in his field. Thanks to Eric and the excellent office staff, our AC stands ready for the next heat wave! Highly recommend Cromwell Energy!!
Cromwell Energy has always given us excellent service and we highly recommend them!
I have used Cromwell Energy for more than 15 years. Eric performed the annual tune-up of my furnace and central A/C. He does a great job of explaining what is being done, was prompt, professional, and experienced. Highly recommend!
Great service today on my air conditioner from Eric! He knows his stuff 🙂
We called Cromwell Energy for a recent AC issue because they promptly fixed an issue we had a cpl years ago. Rep Eric came to our home, quickly identified the issue and had the AC running in no time. He was obviously very knowledgeable as well as courteous and thorough! Once the AC was on he verified the issue was resolved completely before leaving. Cromwell Energy was reasonably priced, will definitely call them again!
Central A/C wasn't working when I needed it. Cromwell Energy sent Eric over the same day. They called before he came and he came when he was supposed to. He was very professional and methodic in tracking down and resolving the issue. I have been a custom for years and the service is always excellent.
Great service, extremely professional, very responsive to heating and cooling needs! My review is based on many years relying on Cromwell Emergy’s services.
Have used Cromwell Energy for several years and always happy with their work. Eric performed the annual service on my HVAC today, very pleasant and knowledgeable technician.
We have been a customer for many years and are always extremely satisfied with the service. Eric was out today to check our air conditioner unit. He was very knowledgeable, courteous and professional. We would recommend Cromwell Energy and we are grateful for the great service with Eric!
Need Delivery or Service?
Need home heating oil delivery or HVAC services? Give us a call or send us an email today to get started!
308 Main Street
Cromwell, CT, 06416
(860) 635-1234
Areas Served
Cromwell, CT - 06416
Portland, CT - 06480
Middletown, CT - 06457
Durham, CT - 06422
East Berlin, CT - 06023
Berlin, CT - 06037
South Glastonbury, CT - 06073
Glastonbury, CT - 06033
Middlefield, CT - 06455
East Hampton, CT - 06424
Rocky Hill, CT - 06067
Wethersfield, CT - 06109
West Hartford, CT - 06107
Newington, CT - 06111