Home Heating Oil Purchasing Tips for a New Homeowner

You’ve just moved into a new home and it has an oil burning furnace. You’ve never had an oil burning furnace before and you don’t know the first thing about buying oil or filling your tank.

Avoid getting stuck in the cold and keep on reading to find out some valuable information about buying home heating oil for your new home.

Find Out How Big Your Tank Is

Before you start shopping for cash heating oil, the first thing you should do is find out how big your oil tank is. The size of the tank will determine how much oil you need to have delivered, and how often you need to have it delivered. The size of the tank will also impact the total cost you will pay.

The average home heating oil tank is 275 gallons, though the size can vary.

Current Home Heating Oil Prices

Once you find out the size of your tank, the next thing you should do is find out the average price per gallon for home heating oil. Also, find out if the company you are working with offers discounts for cod fuel orders.

The prices for home heating oil change frequently. The cost per gallon could be significantly different from year to year, so the price that people you know who own home heating oil furnaces one year could be completely different than the price you will pay now. Do note that prices are averages; oil companies will offer prices that hover around the current average price per gallon.

Contract or As-Needed?

Decide if you want to have a contract with a home heating oil long island company or if you want them to deliver when you need it. With a contract, you can lock in prices, which many homeowners find valuable, considering the fact that the cost of home heating oil can fluctuate so dramatically. Also, with a contract, you don’t have to worry about contacting the company to make deliveries or worry about having your tank run out; oil will be delivered on a schedule, so you can always be sure your tank will be full.

On the other hand, if you aren’t going to use a lot of oil, or you don’t want to be tied to a contract and a company, having deliveries made on an as-needed basis may be a better option for you.

Start Shopping

Ask friends and family members what companies they use, and whether or not they would recommend those companies. Check local listings in your area and review sites to find prospective oil companies.

Once you have the names of several oil companies, start making phone calls and find out what each company is charging per gallon for oil. If you want to have a contract, find out about the stipulations of their contracts, including ceiling prices and how frequently deliveries are made. If you prefer having deliveries made on an as-needed basis, find out the details about each companies options. Contact a few companies and compare their prices, and don’t forget to find out about qualifications, before making your decision.

With these tips, purchasing home heating oil for a new homeowner can be a lot less daunting.