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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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Option to Lock my Propane price for '08
I am under contract for the next three years to my local propane supplier for my home. I heat, cook and heat my water with it.
They are offering a 'lock-in' option if I commit by July 1 for $2.99 / gal now. I believe that propane will be the next ubber price increase come late summer /early fall. Any thoughts pro or con ?
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss '07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold '85 Guards Red Targa - Almost finished after 17 years '95 Road King w/117ci - No time to ride, see above '77 Sportster Pro-Street Drag Bike w/93ci - Sold |
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06-23-2008, 05:46 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Read the fine print.
Our local natural gas company has the same kind of program. Thing is, when prices go down, you pay the contract rate (higher than market price). When prices go up, they tack a huge surcharge on to the bills of people who "locked-in" their price--they still end up paying higher than market prices.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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06-23-2008, 05:55 AM
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Dog-faced pony soldier
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Why am I not surprised by this. . .
If you want to "lock in" your price, can't you always just get a few large tanks of the stuff at today's price?
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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06-23-2008, 06:28 AM
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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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I will have to look VERY closely at the contract.......................
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss '07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold '85 Guards Red Targa - Almost finished after 17 years '95 Road King w/117ci - No time to ride, see above '77 Sportster Pro-Street Drag Bike w/93ci - Sold |
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06-23-2008, 07:35 AM
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