Energy consumption and the costs associated to energy in the winter time is a budget item that all Lehigh Valley families take into consideration. Finding the best Lehigh Valley home heating oil prices coupled with outstanding service is what every homeowner is looking for. This article will discuss some of the considerations to take into account when shopping for a home heating oil supplier.
Home Heating Oil Prices Chart
The following graph shows historical home heating oil prices in a chart format and compares Pennsylvania heating oil prices to our neighboring state, New Jersey. This data is provided by US Energy Information Association. As you can see in the chart, Pennsylvania trends slightly under the New Jersey pricing, making it more affordable to heat a home in PA than NJ.
Home Heating Oil Prices Predictions
Predicting the price of oil is a tricky proposal and is never 100% accurate. In a way it is like trying to predict the winter weather forecast. Therefore, never take predictions to be completely accurate. According to the U.S. Energy Information Administration, it appears as though the prediction for 2015 heating oil cost is going to be slightly lower than 2014 as depicted in the next two charts.
The above chart is predicting that future oil prices will remain somewhat stable throughout this winter heating season. In fact, there are some predictions that the price of oil will actually be lower than it was in 2014 as shown in the following heating oil price chart. Bear in mind that this price projections in the chart are based on a US national average.
Home Heating Oil Prices Today Vs. The Future
Of course, the only price of heating oil that is 100% accurate is the price that homeowners are paying today, not some projected price for the future. Oil prices can vary based on many different factors. One of the main variations in pricing is based upon the level of service that the consumer is receiving from the heating oil delivery company. For example, there are many discount oil suppliers that only deliver heating oil as compared to full service heating oil deliver companies that not only deliver heating oil but also service the customer’s heating system and in many cases offers a level of guarantee.
Compare Home Heating Oil Prices
When shopping for a supplier, be sure to take all factors into consideration. Many times the lowest price for oil is not always the deciding factor for homeowners. For instance, many people may opt for a slightly higher oil price, knowing that they have the piece of mind that their oil delivery company will also services their system and guarantees that they will never run out of oil during the winter. Typically these types of services include an automatic oil delivery schedule and/or a heating system service plan. The oil delivery companies monitor the weather throughout the winter months and can very accurately gauge oil consumption so they can deliver oil to homeowners in a timely manner without the risk of the oil tank running dry.
Conversely, consumers that are shopping purely based on finding the lowest oil prices need to take on the burden of monitoring their oil tanks themselves. This requires that the homeowner place a call to the oil delivery company when they are in need of oil. In this scenario, the consumer is saving a little bit of money by opting to go for the lower heating oil pricing, however they are assuming the risk of potentially running out of oil during the heating season.
Regardless of the level of service that you are looking for, you’ll be able to find the best companies in our directory of heating oil delivery companies.