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Old 09-28-2015, 08:11 AM
 
56 posts, read 141,974 times
Reputation: 14

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Hypothetical question: Let's say I have a 1yr contract with service for oil, at a fixed/ceiling rate of $3.50. And the COD rate goes down to $2.00. My oil company makes deliveries once a month. What if I get filled up in between, via COD? How will my oil company know? Is there a difference in the kind of oil between companies? Will they say that my tank is filled up and smell something fishy? I can just say that I've not been home and not using hot water or heat, right?

I currently use oil for hot water and heat.
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Old 09-28-2015, 08:32 AM
 
783 posts, read 1,422,843 times
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Some Oil contracts have it where you are obligated to buy a set amount of Oil from them. If you don't fulfill that then you have to pay a fee.
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Old 09-28-2015, 08:53 AM
 
Location: Stony Brook
2,897 posts, read 4,406,424 times
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Its a breach of the contract you signed. Not saying it doesn't happen though.
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Old 09-28-2015, 09:03 AM
 
56 posts, read 141,974 times
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Thanks. But how will the company know that I used COD? Is the COD oil different from the company oil? Is all oil the same?
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Old 09-28-2015, 09:14 AM
 
755 posts, read 1,079,873 times
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The probably tied a tag on the pipe. If the tag is broken, they know something is up.

I know Petro does that when I had a contract with them.
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Old 09-28-2015, 09:34 AM
 
1,772 posts, read 3,235,602 times
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Quote:
Originally Posted by ny16 View Post
Thanks. But how will the company know that I used COD? Is the COD oil different from the company oil? Is all oil the same?
if you're an existing customer, the oil company that you are contracted with has a pretty good idea of your expected use from your past records. our company magically arrives when the tank is down to one quarter.
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Old 09-28-2015, 11:08 AM
Status: "UB Tubbie" (set 21 days ago)
 
20,036 posts, read 20,839,727 times
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They'll know. They track use history.
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Old 09-28-2015, 11:10 AM
HIS
 
Location: Nassau County
146 posts, read 279,793 times
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Quote:
Originally Posted by ny16 View Post
Hypothetical question: Let's say I have a 1yr contract with service for oil, at a fixed/ceiling rate of $3.50. And the COD rate goes down to $2.00. My oil company makes deliveries once a month. What if I get filled up in between, via COD? How will my oil company know? Is there a difference in the kind of oil between companies? Will they say that my tank is filled up and smell something fishy? I can just say that I've not been home and not using hot water or heat, right?

I currently use oil for hot water and heat.
I wouldn't do it - but that's just me. I personally don't think its worth the hassle in case you get caught doing it.

However, every year when my contract expired. I used to top off using COD and then sign up for a new contract.
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Old 09-28-2015, 12:44 PM
 
6,384 posts, read 13,155,991 times
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OP think what you are saying...say you use 200 gallons in January. Then your contract company comes and refills. Then you use the COD company to deliver 100 gallons half way thru February. Then contract company comes to fill at end of month but it will only take 100 gallons. Big red flag right there. lol. Not only that but to get the best price with COD you have to purchase over 200 gallons.
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Old 09-29-2015, 04:25 AM
 
106,634 posts, read 108,773,903 times
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Quote:
Originally Posted by ny16 View Post
Hypothetical question: Let's say I have a 1yr contract with service for oil, at a fixed/ceiling rate of $3.50. And the COD rate goes down to $2.00. My oil company makes deliveries once a month. What if I get filled up in between, via COD? How will my oil company know? Is there a difference in the kind of oil between companies? Will they say that my tank is filled up and smell something fishy? I can just say that I've not been home and not using hot water or heat, right?

I currently use oil for hot water and heat.
you are locked in to taking what you contracted for . if you go under our company carried it over until the following year .
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