Home Heating Oil Payment Plans

Tower Energy is proud to offer three types of fuel pricing plans to our HartfordLitchfield and New Haven County customers to help manage the cost of heating your home. The plans are designed to help control the volatility surrounding the energy markets. These programs are available on a limited-time basis, so don’t wait to protect your family and your budget from runaway energy prices.

Price Cap Plan

Tower Energy Oil Price Cap Plan

The Price Cap Plan protects you and your family against increasing heating oil prices, and allows you to buy oil at a lower rate should prices fall. By choosing the Price Cap Plan, we set an agreed-upon price that your heating oil price (or cap rate) won’t go over. BUT, if market prices fall below the cap rate, you pay the lower price! The Price Cap Plan includes a 12-month Budget Plan (depending on when you sign up) that will spread your fuel costs evenly, making managing your energy bills even easier!

  • Protection against dramatic increases or decreases in fuel cost
  • Benefit from a price ceiling as well as from falling prices
  • Based on fixed amounts of fuel and estimated annual fuel usage
  • Automatic Delivery for year-round convenience

Couple this with Tower Energy’s Basic Service Agreement and have your heating system tuned to its highest efficiency, saving you money on your heating bill and increasing the lifespan of your equipment.

PrePay Plan

Lock in a low fixed rate that will remain the same for all the gallons you purchase. This rate cannot be changed once locked in.

This plan will allow you to purchase your annual supply of heating oil at an attractive fixed rate while also benefiting from the convenience of automatic delivery. This PrePay Plan is available with Cap Downside Protection, so you can benefit from price drops. What does that mean? You pay a maximum price that will not go over your cap, but with downside protection, if the market price of oil drops, so does yours!

  • Price ceiling your fuel won’t go over
  • Fixed-rate oil bought annually so you know what you are going to pay
  • Automatic Delivery for comfort and convenience all year long

Enrollment is available for the PrePay Plan from April 1st to October 1st.

Budget Plan

Tower Energy Budget Oil PlanInstead of juggling sky-high fuel bills in the winter and low bills in the summer, this plan will divide your annual fuel costs evenly into one predictable monthly payment. 12-month plans are available depending on when you enroll without Price Cap protection.

Wondering if there are other ways to save this winter? Contact us to see how we can help!