Mirabito
Fuel Group FAQ's
1.
What is the difference between a cap price
plan and a fixed price plan?
A
cap price plan always offers a customer
a price that their plan will not exceed during
the duration of the agreement. The price may
go lower but never higher during the time
the agreement is in effect.
A
fixed price plan always offers a
customer a price that will not go higher or
lower during the duration of the agreement.
2. What are
the benefits of Automatic Delivery?
- No need to worry about checking your
tank to see when you need a delivery,
our automatic delivery computer system
monitors your energy usage and determines
when you need your next delivery.
- By utilizing automatic delivery it
evens out your energy usage and helps
prevent the possibility of you running
out of fuel, which can result in costly
repairs to your heating system.
- Automatic delivery customers allow
us to deliver fuel more efficiently, which
means we can pass the savings on to you
in the price you pay.
- Automatic delivery customers who select
one of our price cap protection plans
always pay the best price we have to offer
for delivery of their fuel.
- Automatic delivery customers can depend
on Mirabito for "The Full Service Difference"
when they need it most:
1.
Automatic Delivery
2.
24-Hr. Emergency Response
3.
Quick Service
4.
Professional Staff
5.
Payment Plans & Credit Terms
6.
Price Cap Protection Plans
7.
Fully Insured Company
8.
Service Plans
- Automatically qualify for our Rewards
Plus program that offers our customers
valuable rewards and discounts from Quickway
Food Stores, Mirabito Fuel Group and participating
merchant partners. Remember they have
to fill out an application which you can
send to them to fill out.
3. Three factors
must be considered to explain current Gasoline
prices.
First,
three Gulf Coast refineries shut down last
fall are only now beginning to return to
operation.
Compared to weekly data
last year for the similar period (the four
weeks ending April 15, 2005), gasoline
production for the most recent four-week
period is down 457,000 barrels per day,
while gasoline demand is up slightly
compared to last year. As a result, finished
gasoline inventories have been pulled down
sharply, dropping more than 20 million
barrels over the past four weeks, despite
large volumes of imports. However, as these
refineries return to full operation,
gasoline production should increase, thus
adding much-needed supply into the system.
Second,
crude oil prices have climbed to more than
$70 a barrel, which is "higher than EIA had
expected."
Third,
notes EIA, is the shift from MTBE to
ethanol, which in some areas of the United
States has caused problems, "most notably
much of the East Coast and major cities in
Texas."
In summary, says EIA,
"significant increases in gasoline
production as refineries undergoing
maintenance return to full operation
sometime over the next several weeks should
stem the rise in gasoline prices and may,
actually, cause them to decline somewhat."
While demand will generally increase as we
move closer to summer, increased domestic
production, in addition to the expected
continuation of significant volumes of
gasoline imports, should be enough to cause
prices to begin to fall again, albeit not
nearly as much as they have increased.
Whether this occurs later this month or
next, EIA does expect prices to begin to
come down. While the average U.S. price of
regular gasoline could reach $3 per gallon
sometime this year, that outcome is by no
means a foregone conclusion given the
current market situation.
EIA is the
Federal Energy
Information Administration
5. What
can I do about it?
- Choose a Price Protection Plan from
Mirabito, during the past heating season;
Mirabito Price Protection Customers saved,
on average, nearly 50 cents/gallon during
the height of the home heating season.
- Choose one of our cap plans and you
may pay less but you will never pay more
during the duration of the plan you choose.
- Choose a Fixed Price Plan from Mirabito
and you will pay one rate for the gallons
you purchase during the duration of the
agreement.
- Have your heating system serviced by
a qualified technician from Mirabito to
increase its efficiency.
- Consider upgrading your heating system
with a newer, more energy efficient unit
from Mirabito.
The Full Service
Difference
If all you needed was
fuel for your home, you could get that
from any company. But it's our "full-service
difference" that gives you real
dependability, service, comfort and
peace of mind. |
Discount
Energy Company |
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How To compare Units of Energy
A BTU is the univeral measurement
of energy that is used to compare fuel costs
and efficiencies of different kinds of energy,
BTU stands for British Thermal Unit and
it is the amount of heat required to raise
the temperature of one pound of water 1
degree Fahrenheit.
Therefore the more BTU's a particular type
of energy can produce the more efficient
it is. This becomes important when a customer
calls up and wants to know about the different
efficiencies of the types of energy we sell.
You must not only compare efficiency but
also compare cost.
Comparing Fuel Values
1. On average, area homeowners use 800 gallons
of fuel oil/year to heat their home.
2. For comparison sake, we are assuming
the customer in the example below uses
fuel oil.
3. To determine how much a customer would
use of a different type of fuel put the
number of gallons for fuel
oil used under annual usage in the shaded
area.
4. The chart will multiply the number of
gallons of fuel oil by the BTU ratio of
the fuel
you are comparing, to determine
what the annual consumption of that fuel
would be.
5. Once you know how much of the alternative
fuel you would use on an annual
basis and you know what price
they are being quoted for fuel oil and you
put that
price in the shaded area,
this chart will compare what their annual
energy costs
by product would be.
Type
of
Fuel |
How
is Fuel
Measured |
Gross
Value
BTU's |
BTU
Ratio
Oil To: |
Annual
Usage |
X |
Unit
Cost**= |
Annual
Cost**= |
| Fuel
Oil |
Gallons |
139,000 |
100% |
0 |
X |
$
- |
$
- |
| Kerosene |
Gallons |
110,000 |
126% |
0.0 |
X |
$
- |
$
- |
| Coal |
Per
Ton |
12,500,000 |
1.112000% |
0.0 |
X |
$
- |
$
- |
| Elect.
Heat |
KWH |
3,413
|
4072.66% |
0 |
X |
$
- |
$
- |
| Natural
Gas |
Therms |
100,000
|
139.00% |
0 |
X |
$
- |
$
- |
| Propane |
Gallons |
91,160 |
152.48% |
0 |
X |
$
- |
$
- |
| Wood*** |
Face
Cord |
7,350,000 |
1.89% |
0.00 |
X |
$
- |
$
- |
| #4
Oil |
Gallons |
145,900 |
95.27% |
0 |
X |
$
- |
$
- |
| #6
Oil |
Gallons |
150,000
|
92.67% |
0 |
X |
$
- |
$
- |
** This will vary based on what your unit
cost is at time of comparison and will determine
what your annual costs will be, but the formula
does not change and can be used to compare
any amount of fuel consumption.
*** A Face Cord of Wood is measured as a stack
of wood 12" long and stacked 4' high and 4'
long. The cost of using wood does not take
into account the cost of labor involved in
preparing the wood for use in a wood stove
(I.e. splitting the wood, bringing it in from
storage and maintaining the fire). |