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Price Protection Plans

Since heating oil is derived from crude oil, the market is global and complex causing the price to be influenced by numerous factors. Recently the value of the dollar, the condition of the U.S. and Asian economies, geopolitical concerns, and speculators seem to dictate the price of fuels. It is not uncommon to see historic price swings within a week trading period. For this reason C.E. Kiff Inc. has developed Price Protection Plans that will help protect you from the market’s unpredictable ups and downs.

Attention Customers:  The prepay and budget programs will be available for sign up until September 15, 2010, and the prices for each program may change between today and the deadline. The price for the fuel is determined on the date that you sign up. C.E. Kiff Inc. has a limited supply of heating oil and kerosene purchased at the prices posted below. If you are interested in a program and are comfortable with the price that you are quoted DO NOT DELAY – PRICES MAY CHANGE DAILY regardless of what you are quoted.

If you do not wish to participate in a prepay or monthly budget price protection plan, you may purchase your fuel at the market price and if you pay within 10 days of delivery C.E. Kiff will give you a prompt payment discount of 10 cents per gallon. You may also take advantage of automatic fuel delivery and a heating service contract.

The following plans will be available for the 2010- 2011 heating season

  1. Prepay Programs

    Fixed Price Prepayment Plan

    2. Prepaying in the summer and locking in a price has been traditionally the most predictable way to purchase your fuel for the heating season. As with any year we never know where fuel prices will go. A fixed price prepay plan allows you to lock in a price that will not change for the gallons purchased. Your price per gallon of fuel purchased will not change even if the market goes up or goes down. As a Prepay Fixed Price customer your account will be placed on automatic fuel delivery and you won’t have to worry about calling for deliveries.
    Pros:

    - Protection from high fuel prices

    - Protection from prices if they rise

    - No program fees or cap insurance fees

    -Automatic fuel delivery service included

    Cons:

    - Fixed price will not change

    Heating Oil Fixed Price Prepayment Plan – $2.849 / Gallon

    Kerosene – Fixed Price Prepayment Plan – $3.199 / Gallon

    See terms and conditions for further info.

    Capped Price Prepayment Plan (Heating Oil Only)

    C.E. Kiff Inc. has developed a Capped Price Prepayment Plan to help protect our customers from both the high prices and then the possibility of lower prices in the future. If the price goes up and above your capped rate, you only pay the capped rate. If the price goes below the capped rate, you pay the lower price. It is that simple. A $0.20 per gallon cap insurance fee is associated with the Cap Plan. This cap insurance is purchased from our suppliers and is non-refundable. As a Capped Price Prepayment Plan customer you will be placed on automatic fuel delivery and you won’t have to worry about calling for deliveries.

    Pros:

    -Protection from high fuel prices

    -If fuel prices drop, so will your price

    -Automatic fuel delivery service included

    Cons:

    -The cap insurance adds to the total plan cost

    Heating Oil Capped Price Prepayment Plan - $2.849 / Gallon plus Cap Insurance Fee

    Kerosene Capped Price Prepayment Plan – Not Available

    See terms and conditions for further info.

  2. Budget Billing Programs

    Market Price Budget Plan

    Would you like to split your fuel costs into more manageable monthly payments? If so you should consider C.E. Kiff Inc.’s Market Price Monthly Budget Plan.

    By paying monthly you will break your fuel costs into smaller installments. With the Market Price Monthly Budget Plan you will not be  included in any price protection plans, you will simply pay your monthly payment and receive your fuel at the market price on the day of delivery. This plan is simple to understand but remember if prices go up so will your price. There is not any price cap associated with this plan. As a Market Price Monthly Budget Plan customer you will be placed on automatic fuel delivery and you won’t have to worry about calling for fuel deliveries.

    Heating Oil Market Price Monthly Payment Plan – $3.20/gallon

    Kerosene Market Price Monthly Payment Plan -  $3.50/gallon

    See terms and conditions for further info.

    Capped Price Monthly Budget Plan

    Would you like to split your fuel costs into more manageable monthly payments and be protected from high prices? C.E. Kiff Inc.’s Capped Price Monthly Budget Plan allows you to break you fuel costs into smaller monthly installments.

    If fuel prices go up don’t worry you are protected by the Kiff Price Cap. If the price go down be glad, you will get the lower price too! Capped Monthly Budget customers simply make monthly budget payments and receive their fuel deliveries at or below the Capped price depending upon the market. There is a $0.20 per gallon cap insurance fee is associated with the Cap Plan. As a Capped Price Monthly Budget Plan customer you will be placed on automatic fuel delivery and you won’t have to worry about calling for fuel deliveries.

    Heating Oil Capped Price Monthly Budget Plan – $2.949/gallon plus Cap Insurance Fee

    Kerosene Capped Price Monthly Budget Plan – Not Available

    See terms and conditions for further info.

  3. Prompt-Payment Discount

    If you do not take advantage of any of the prepay or budget plans you can always call Kiff Fuels and Service and request a delivery of fuel at any time of the year and if you pay for it within 10 days of the delivery date we will give you 10 cents a gallon off the delivered price. We call this our prompt-payment discount price.


  4. The Kiff Credit Account

    If you are not interested in a prepay or budget plan you can place your fuel order with Kiff Fuels and Service and we will allow you 30 days before that bill needs to be paid in full.

    Remember, if you pay for it within 10 days of delivery we will give you a prompt payment discount of 10 cents per gallon.

    5. heapKeep the heat on with HEAP. Click here for information on New York State’s Home Energy Assistance Program, or call 1-800-342-3009 today.

About C.E. Kiff Delhi, New York

C.E. Kiff was incorporated in 1882, providing the community with feed, seed, ice, coal, and fertilizer. C.E. Kiff maintained its feed and agriculture supply arm in to the 1950’s, and continued to build its fuel business that began with coal, transitioned to kerosene, and then to home heating oil, kerosene and diesel, and gasoline for residential, commercial, and agricultural customers