As a valued customer of HOP Energy, we know how important it is for you to manage your heating costs effectively, especially during the colder months. That’s why we offer our customers the benefits of our CAP Pricing Plan with Downside Protection—a smart way to ensure your heating budget remains in your control, regardless of market fluctuations.
What is Cap Pricing with Downside Protection?
Cap pricing with downside protection is a feature of our heating oil pricing plan that provides you with the best of both worlds: protection from rising prices and the opportunity to pay less if prices fall.
Cap Pricing: This means you have a ceiling on your heating oil price. If market prices rise, your price won’t go above this cap, protecting you from unexpected cost increases.
Downside Protection: If market prices drop below your cap price, you benefit from the lower price, ensuring you always get the best possible rate.
What is “True Downside Protection”
Hop Energy differentiates itself from its competitors by providing “True Downside Protection” when added to a heating fuel CAP Plan. With True Downside Protection the heating fuel pricing is adjusted daily and based solely on the external publicly published rack price. This pricing method makes the savings from downside protection reactive on a daily basis and is the most transparent and fairest method for its customers. Competitors base their downside pricing on internally controlled pricing which lacks verification to the actual fluctuations in the market rack price of heating fuel.
HOP Energy Understands
We understand that managing your heating costs is crucial, especially as the colder months approach. Our CAP Pricing Plan with True Downside Protection is designed to give you peace of mind and control over your heating expenses. By offering a price cap to shield you from unexpected rises and the flexibility to benefit from lower market prices, we ensure you receive the best value for your heating oil.
What sets us apart is our commitment to “True Downside Protection.” Unlike competitors, we adjust our pricing daily based on the external publicly published rack price, ensuring the most transparent and accurate pricing for our customers. With us, you’re not only protected from price hikes but also guaranteed to get a fair rate that reflects market fluctuations.
Choose HOP Energy for reliable, transparent, and customer-focused pricing that keeps your heating costs in check. Experience the true value of downside protection with a partner you can trust. Your comfort and savings are our top priorities.
Thank you for choosing HOP Energy, where we put your needs first.
