2012 Supplier Information Update

UPDATE 12/2/12

NOG members,
We are ready to move forward with a new vendor for 2012/2013….HOP Energy, also known as Kaufman Fuel. Our contact is Paul Signorello and he can be reached at psignorello@hopenergy.com

We have worked with Paul to offer 2 plans…fixed and rack (variable). The pricing last week was $3.729 for the fixed. This will provide you with a fixed cost until 09/30/ 2013 no matter if price goes up or down your price will remain the same. Cost of Variable/Rack last week was $3.519. The variable will be tied into the HOP Barge settlement price + $.50 on day of delivery.

Kaufman will also provide options for reduced cost service per below.

Please email Paul with your contact info (name, address, phone, email) to begin the enrollment process. The process they use is electronic and very smooth…we hope you will find them very pleasant to deal with.

Please remember to close your account at your current provider.

BRgds, Dan (for Dave & Eric).

*****
Service Options:
Silver Service Plan: This comprehensive service policy provides you with coverage on over 125 burner parts and controls, in addition to the safety & efficiency evaluation and annual tune up.

Regular Price $309.95 your price will be $129.95.
Gold Service Plan: The ultimate in heating system coverage.
Regular Price $399.95 your price $199.95
Heating Tune Up: This plan provides you with a safety & efficiency evaluation, as well as a comprehensive system tune up. If anyone chooses not to purchase a Service plan this option will be given at no charge for 2012-2013 heating season.

Offers are valid for automatic delivery customers only. Credit approval required. Program is available to any members of Newtown Group. Each program requires a 12 month contracted term. All pricing options are subject to change with market conditions.

 

 

OCTOBER 29, 2012

NOG Members,

Our review of offers for this season began in June and has continued over the Summer and into the Fall. Given the recent drop in crude oil prices (currently below $87/barrel), we don't feel that "best" pricing for the season is at hand. Gas prices are predicted to drop by up to $0.45/gallon; the impact to heating oil is not as clear, and may depend on when winter decides to arrive. It may take a couple of weeks (or more) before the bottom is evident in the marketplace. We have a couple of competitive offers for the group, however, none of them include Superior. Unless there is a significant response from you, our plan is to wait, likely until at least until after the election, possibly until Thanksgiving, to finalize an offer for this season. With this in mind, please develop a transition strategy that meets your needs.

Dave, Eric, and I took over the administration of this group over 5 years ago. Since 2007, we have seen the marketplace change, and groups such as ours have seen reduced leverage, perhaps now to the point where the effort is beginning to outweigh the benefits we are able to bring you collectively. Thus, anyone who might be interested in taking the reins is invited to step forward so that we can effect a smooth transition after the end this season (in prep for 2013/2014).

Thanks, Dan