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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Oil Contract vs COD Oil and a separate contract
I'm debating whether or not to dump Perillo and just get an independant oil contract and buy my oil COD. My burner is about 12 years old and works fine but it does need maintenance occasionally.
All I know is I don't want to spend $2.64/gal on oil.
Any advice is appreciated.
Overall I'm happy with the level of service with Perillo but I would like to "bank" that extra money. It could be about $800/yr savings. That would be cool, but I don't want to trade money for unnecessary problems.
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Posted 10/22/06 6:06 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
MrsSchwags
Soccer Baseball Lax Mom
Member since 10/05 11240 total posts
Name:
Jennifer
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Re: Oil Contract vs COD Oil and a separate contract
my dad works for a major oil company and he told me to stick with a company that gives you a contract. have them deliver 100 gallons or so at the higher price then fill with 100 gallons of COD.
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| Posted 10/22/06 6:54 PM |
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Maathy317
Grammie's Little Man
Member since 2/06 3235 total posts
Name:
D
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Re: Oil Contract vs COD Oil and a separate contract
I've done COD for years and love it. All oil companies get their oil from the same fill station so there is no difference in grade. I've had a separate contract and never had a problem with anyone showing up when needed.
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| Posted 10/22/06 7:09 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
Posted by MrsSchwags
my dad works for a major oil company and he told me to stick with a company that gives you a contract. have them deliver 100 gallons or so at the higher price then fill with 100 gallons of COD.
that's an interesting concept. It definitely will save money. But will the oil company give me the same lock rate if I only ask for 100 gallons? Can you tell me which oil co your dad works for? You can FM if you want. I understand if you would rather not say.
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| Posted 10/22/06 9:12 PM |
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Re: Oil Contract vs COD Oil and a separate contract
Does anyone have any companys that give a service contract with no obligation to buy oil. I contacted a place already - Honesty Fuels. I would not reccommed them. Any other ones out there that serve Nassau County.
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| Posted 10/23/06 12:00 AM |
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Kissy331
My two miracles!
Member since 5/06 17826 total posts
Name:
Kristen
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Re: Oil Contract vs COD Oil and a separate contract
We have the original burner in our house but will be replacing it come the spring. We are taking a gamble by not getting a service contract but I refuse to pay such a high price for oil when I have been getting it for $2.05 a gallon from the place at work.
In my opinion, the service contract is amazing to have especially if something happens in the middle of the night but then again, the $$ is a big thing
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| Posted 10/23/06 7:24 AM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
Posted by Kissy331
We have the original burner in our house but will be replacing it come the spring. We are taking a gamble by not getting a service contract but I refuse to pay such a high price for oil when I have been getting it for $2.05 a gallon from the place at work.
In my opinion, the service contract is amazing to have especially if something happens in the middle of the night but then again, the $$ is a big thing
We did that last year. Our burner was over 50 years old and we just took a gamble that we wouldn't have any problems. We did COD and paid SO much less than the big oil companies wanted to lock us in at. Luckily, we had no burner issues!
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| Posted 10/23/06 8:42 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
can you renegotiate your oil contract with Perillo? oil price per gallon is WAY down from even 2 months ago. it seems unfair that you would paying summer prices.
call Perillo and ask, you never know.
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| Posted 10/23/06 8:49 AM |
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MrsA
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Member since 1/06 2012 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
We were debating between COD and a contract as well. Our burner isnt too old either and we probably won't need servicing but I was too scared to risk it, so we did a one year contract w/ Slomins. They had the lowest price for companies that service our area.
We locked in at $2.39/gallon and if we pay our bill within the first 10days of receiving it we only have to pay $2.35/gal. The servicing cost is $99/year.
You could also do COD first, fill up your tank, save some $$ that way, and then lock into a contrat with a oil co.
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| Posted 10/23/06 10:49 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
I've already been with Perillo for the last 4 years and have a contract with them. There is no termination fee for them but if I filled COD they would know it and they may terminate my contract. I'm sure there are some restrictions like that. I would have to check my contract.
Would a Ronkonkoma based oil company deliver to Bethpage. I think there are some county line restrictions on them.
My neighbor drives an oil truck during the winter, I may ask him about it.
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| Posted 10/23/06 11:00 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
Posted by Blu-ize
I've already been with Perillo for the last 4 years and have a contract with them. There is no termination fee for them but if I filled COD they would know it and they may terminate my contract. I'm sure there are some restrictions like that. I would have to check my contract.
if there is no penalty to terminate your contract, can you cancel it and then re-negotiate? it's worth a call to ask.
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| Posted 10/23/06 11:03 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
if you terminate and then go back they will probably not give me favorable rates and then charge me for the contract. They know people do this and they have these things built in. Right now I pay $2.64 and no charge for the service contract. If I terminate and go back new customers get $2.89.
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| Posted 10/23/06 11:10 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
Posted by Blu-ize
if you terminate and then go back they will probably not give me favorable rates and then charge me for the contract. They know people do this and they have these things built in. Right now I pay $2.64 and no charge for the service contract. If I terminate and go back new customers get $2.89.
 how can they charge you $2.89 a gallon now?? price per barrel is under $50. that's BS! I would call some other companies like Slomin's and see what you can get.
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| Posted 10/23/06 11:37 AM |
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Re: Oil Contract vs COD Oil and a separate contract
What does COD mean?
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| Posted 10/23/06 11:47 AM |
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MrsA
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Member since 1/06 2012 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
Posted by CestMoi
What does COD mean?
Cash On Delivery
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| Posted 10/23/06 12:31 PM |
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Re: Oil Contract vs COD Oil and a separate contract
I called Nordica Fuels, they don't deliver to Nassau County or service in Nassau County. I'm in Farmingdale.
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| Posted 10/23/06 2:43 PM |
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DRMom
Two in Blue
Member since 5/05 20223 total posts
Name:
Melissa
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Re: Oil Contract vs COD Oil and a separate contract
Posted by JessicaluvsCharles
I called Nordica Fuels, they don't deliver to Nassau County or service in Nassau County. I'm in Farmingdale.
soeey! It was the best deal I found. What I did was go to Switchboard.com and type in oil delivery then just start calling and asking what their COD price is and how much for a contract
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| Posted 10/23/06 2:51 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
Posted by SweetestOfPeas
Posted by Blu-ize
if you terminate and then go back they will probably not give me favorable rates and then charge me for the contract. They know people do this and they have these things built in. Right now I pay $2.64 and no charge for the service contract. If I terminate and go back new customers get $2.89.
how can they charge you $2.89 a gallon now?? price per barrel is under $50. that's BS! I would call some other companies like Slomin's and see what you can get.
I Did, the lowest price I found was $2.59.
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| Posted 10/23/06 3:12 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Oil Contract vs COD Oil and a separate contract
Posted by Blu-ize
Posted by SweetestOfPeas
Posted by Blu-ize
if you terminate and then go back they will probably not give me favorable rates and then charge me for the contract. They know people do this and they have these things built in. Right now I pay $2.64 and no charge for the service contract. If I terminate and go back new customers get $2.89.
how can they charge you $2.89 a gallon now?? price per barrel is under $50. that's BS! I would call some other companies like Slomin's and see what you can get.
I Did, the lowest price I found was $2.59.
if that's the case, I would definitely get COD oil and buy the contract separately. you would still save so much $$!
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| Posted 10/23/06 3:17 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
Posted by Blu-ize
Posted by SweetestOfPeas
Posted by Blu-ize
if you terminate and then go back they will probably not give me favorable rates and then charge me for the contract. They know people do this and they have these things built in. Right now I pay $2.64 and no charge for the service contract. If I terminate and go back new customers get $2.89.
how can they charge you $2.89 a gallon now?? price per barrel is under $50. that's BS! I would call some other companies like Slomin's and see what you can get.
I Did, the lowest price I found was $2.59.
2.89 is a lock rate where it can't go above that if oil goes higher but it can go down. $2.64 is locked if oil goes up or down. 5 cents is not enough to switch companies. I didn't lock my rate yet as I was waiting for oil to go down some. I put a call in today to talk to them and see what the price is.
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| Posted 10/23/06 3:17 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
Perillo will cancel my contract if I get COD oil in between. They said I could lock at $2.69 and that's the highest it will go if I lock in it. If it goes down, say tomorrow's price is $2.59 I get the lower price but it won't go any higher. So that's a fair deal I think. I called around to a few others in Nassau..it's about the same.
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| Posted 10/23/06 4:04 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Oil Contract vs COD Oil and a separate contract
Ok so I found out that there is no cancelation fee for early termination of my contract. I spoke to another sales person and got $2.47 locked. I did the math and reviewed some COD oil prices locally and service contracts separately and found that some don't have oil tank coverage. If I have a leak, they will replace my tank at no charge. This is big since I have a very old tank. It came to the same as Petro with the additional oil contract.
Slomins wanted 5 cents more.
I think I did ok.
Thanks to all for helping me with this. I got a good education and ended up with a fair price.
Message edited 10/23/2006 4:44:07 PM.
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| Posted 10/23/06 4:43 PM |
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KLSbear
LIF Adult
Member since 1/06 1908 total posts
Name:
Karen
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Re: Oil Contract vs COD Oil and a separate contract
3 or 4 years ago there was an article in Newsday about all the COD customers in a panic because they were having trouble getting delivery when there were some shortages in heating oil. They stated that the contract customers were getting the deliveries as a priority and alot of the COD customers were finding that they couldn't get oil. Just one more think to consider. Burst pipes and the resulting damage cost a lot more to fix than the $400 - $800 you might save.
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| Posted 10/23/06 6:44 PM |
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magic
LIF Zygote
Member since 6/07 5 total posts
Name:
James
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Re: Oil Contract vs COD Oil and a separate contract
I am currently with Slomins, and like many people, who posted their experiences with their customer service and technicians, I am disappointed too. I am interseted on participating in a COD payment also. However, I also wanted the safety of a service contract for my burner. Who do you use to service your burner. Thanks you.
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| Posted 7/1/07 9:47 AM |
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