The way you buy energy is now completely changed. Gone are the days of paying for a year's fuel between October and March. Price spikes no longer affect you. And falling markets are your friend as you ride the savings all the way down!
Price Cap Plans since 1991: Take the worry out of energy prices.
Bantam Fuel wrote our first Price Cap Plans in 1991 right after the Gulf War sent prices to record highs, and we've written them every year since then.
A Price Cap is simply a commitment to charge you a fair price with each delivery, just as we always have, but with the added promise that it won't exceed a certain price all winter. If the market goes down, you get a lower price, and it will never go higher than the Cap.
Behind that simple promise are contractual commitments that work very much like an insurance policy: We charge a small premium to be covered for the winter, and in exchange you have the security of knowing you'll pay very low prices if the market falls, and very low prices if the market rises. It's truly a win-win arrangement.
We tell our customers that "all Caps are not created equal." If a company offers you a Cap for free, or for less than about 10% of your winter fuel bill, you won't get full coverage. With a Bantam Fuel Price Cap you start saving from the moment the market begins to fall.
Our Cap offer will change every week in response to the energy market, which means you can call any time to take advantage of current pricing. And when you sign up, your Cap is guaranteed through May of the following year. If you think a Price Cap Plan might be right for your home or business, contact us today and we'll help you decide the best course of action.
We write Price Caps and Budget Plans every day of the year!
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We’ll call you today to discuss how a Price Cap might work for you!
Fixed Pricing: The whole story
These plans became very popular a few years ago as the price of energy began to rise sharply. But with sharp price rises came sharp drops, and fixed price plans became less popular. When the energy market crashed in 2008, people with fixed prices for oil and propane found themselves paying up to twice as much as they should have… and they couldn’t get out of the contracts.
We have always viewed Fixed Price Plans as a gamble, and we discourage homeowners from gambling with their fuel money. Homeowners are better served by Price Cap Plans that offer protection in both rising and falling markets.
Businesses with fixed annual budgets, on the other hand, often do well with Fixed Price Plans, because they can eliminate uncertainty from their expense projections.
Bantam Fuel's fixed price offers change every week in response to the energy market, which means you can call anytime to take advantage of current pricing. And your price is guaranteed through May of the following year.
If you think a Fixed Price Plan might be right for your home or business, contact us today and we'll help you decide the best course of action.
We write Price Protection Plans every day of the year!
We would love to talk with you!