Heating Oil Provider Releases Tools, Information to Help Consumers Understand Price Protection
Irving Energy has been providing heating fuel and resources to consumers in Northern New England and Atlantic Canada since 1924. (image: irvingoil.com)
Choosing a heating oil dealer and payment plan can be an intimidating and tedious decision. Understanding why prices fluctuate like they do is complicated and frustrating at times, but finding the right protection plan for your home heating needs is certainly worth the effort.
With that in mind, Irving Energy, a New England and Canada-based heating oil, propane and diesel fuel provider, has created an educational series aimed at helping customers make the right fuel decisions for themselves by demystifying price protection.
The series includes articles, an interactive tool, and a consumer forum – the first in the industry of its kind. First, nine articles demystifying price protection should help consumers get a firm grasp on pricing and protection. A few topics include:
• Five Big Misconceptions About Price Protection Plans
• Five Questions to Help You Decide on Which Pricing Option is Right for You
• Propane and Heating Oil Fixed Pricing: Reasons For and Against
• Propane and Heating Oil Downside Protection: Reasons For and Against
• Variable Market Pricing: Reasons For and Against
Once they’ve done their research, consumers can explore Irving’s innovative online price protection decision-making tool, designed to really narrow down the options to fit individual needs. As for the forum, customers have the opportunity to give their opinions on price protection plans and see what 500 other consumers have already said.
“As heating fuel users begin researching options for the upcoming heating season, we believe it is important that customers have the resources to learn about the differences of fixed price heating fuel plans, downside protected heating fuel plans, and heating fuel variable pricing,” said David Simmons, senior manager of marketing and residential sales.
“Giving customers the scoop on heating oil and propane price protection plans will ultimately help cut through the clutter so they can make an informed and smart decision,” he added.
Even if you’re satisfied with your current home heating situation, you can never know too much about energy consumption and how the business works. Interested energy consumers can get started with the series on Irving’s website here.
