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Fuelling your school

The fluctuating cost of heating oil puts pressure on school budgets, making planning far harder than it should be.

With over 50 years' experience of delivering heating oil, Watson Fuels understands how the fluctuating nature of the market can impact your school. An ever increasing number of organisations fix the price of their electricity, but are unaware that there are simple and effective ways to fix the price of heating oil.

That's why we are excited to introduce our range of PRISM (Price Risk Managed) products. With our simple, effective PRISM solutions, we can help you place your school on a fixed agreement that matches your ongoing needs, giving you greater control over your future fuel spend.

Call us on 01666 511220

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Fuel price certainty with our range of Price Risk Management solutions

Fixed Forward Pricing

Enables you to purchase a fixed monthly volume of fuel, at a fixed price, for a specified future period (typically up to one year).

Capped Maximum Pricing

With our capped pricing option, an agreed maximum per-litre price is set for the duration of the contract, with no fixed minimum price.

FAQs

The place to find all the answers to the frequently asked questions about our Price Risk Management range of services.

Fixed Forward Pricing

About fixed forward pricing

Our Fixed Forward Pricing (FFP) option enables you to purchase a fixed monthly volume of fuel, at a fixed price, for a specified future period (typically up to one year).

Key features

  • Known fuel cost, removes uncertainty and aids the budgeting processes
  • Volume can be delivered across multiple delivery locations
  • Ability to roll volume forward (subject to price agreement)
  • 'Take or pay' will apply. Once committed to lift a specified volume, you must either take the agreed volume, or cover the cost of the product.

Capped Maximum Pricing

About Capped Maximum Pricing

With our capped pricing option, we'll set an agreed maximum per-litre price for the duration of your agreement, with no fixed minimum price.

If the market spot price falls below the capped maximum price, you pay the spot price during the whole period of your agreement. If the market spot price rises above the capped price, you only pay the agreed maximum price during your agreement.

Please note that all Capped Maximum Pricing contracts are subject to a pre agreed per-litre fee for the cap.

Key features

  • Known maximum capped formula price
  • No minimum price
  • Capped price can apply to volume delivered across multiple locations
  • 'Take or pay' will apply. Once committed to lift a specified volume, you must either take the agreed volume, or cover the cost of the capping fees for the product.

Frequently asked questions

  • You will still be locked in to the price, but you will have price certainty allowing you to budget effectively.