Comfort Line - Fall 2012
Sep 01, 2012
This quarter, our Questions & Answers segment discusses a variety of subjects.

Sep 01, 2012
This quarter, our Questions & Answers segment discusses a variety of subjects.
For over 25 years, Hart & Iliff has offered a winter price protection program for our heating oil customers. Initially, we offered both a fixed price and a capped price program. In the last few years, we transitioned away from a fixed price, because it offers no downside protection, if the price drops. Even though it’s been clearly disclosed, each time prices drop during the winter, customers are extremely unhappy about being locked in at a higher price. For example, during the 2014/2015 heating season prices dropped $1.40 per gallon during the winter. This could easily happen again this winter.
Unsurprisingly, we’ve received calls about two connected issues—the surge in fuel prices and supply concerns. Russia is the world’s third largest oil producer, generating approximately 11% of total world production. The Russian invasion of Ukraine shocked the energy markets, sending crude oil to record territory and spiking all energy prices. We saw increases from our heating oil suppliers of more than $1.50 per gallon in less than a week! People are also concerned that there will be interruptions in supply that will cause them to run out of fuel. You can count on the fact that Hart & Iliff will not let you run out of oil. We have been in business for more than 130 years and have very strong relationships with suppliers and financial institutions.
The Russian invasion of Ukraine shocked the energy markets, sending crude oil to record territory and spiking all energy prices. We’ve had increases from our heating oil suppliers of over $1.50 per gallon in less than a week!
These are unsolicited comments received from Hart & Iliff customers.
"This was my first service call on a new contract with Hart & Iliff. So far I’m glad I made the switch. Service is excellent."
"First of all, thank you so much for getting here so quickly when we had no heat. I'd also like to thank you for your years of great service. You have never let us down!"
"The service I have had for the past 22 years has been great. It’s nice knowing there is still a company out there with such great service."