On 5/14/2015 6:35 PM, Arthur Conan Doyle wrote:
IGot2P wrote:

I just got a letter from our propane supplier and a related contract to
lock in next years supply (900 gallon) at $1.029! I definitely think
that there is more upside risk than downside so we will do this.

Comments?

As long as it's just a contract and you don't have to prepay any of it,
absolutely. That's about 1/2 of what my last contract fill cost. If they want
money up front (and I expect they do), I'd be very wary.


They give you several choices for payment but money up front is the
cheapest ($1.029). If you make payments it is a few cents higher. With
interest rates as low as they are it makes no sense NOT to pay up front.