23
Aug

Cap Those Fuel Rates

Archived in the category: energy

Summer is winding down and winter will be here before you know it. Lock in a price cap for your heating oil or natural gas when prices are low to protect yourself from rate hikes over the coming months. Check prices at your supplier’s website.

Some utility companies charge a lock-in fee. Most don’t, but be aware of this and ask.

You can save over $500 on energy costs—if prices climb significantly. Because you’re taking a cap and not paying a fixed price, you won’t lose out if prices drop, as they did last fall.

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