Along with our normal billing of net 30 days, we also offer budget plans to customers who would rather have a consistent bill throughout the year.
How do Budget Plans Work?
Our budget plans are set up on a twelve (12) month billing cycle.
- We calculate your budget amount by taking your total gallons purchased the previous year and dividing that dollar amount by 12, depending on the plan you prefer.
- The end figure is your budget amount for the current year.
- Mid-way through the year we will re-evaluate your current budget and make any necessary adjustments based on your current balance.
This program traditionally starts in September and ends the following August. However, customers can sign-up for the budget program for their fuel delivery bills any time!
Capped Budget Program
This program helps take the volatility out of the market by establishing a ceiling budget payment for your heating oil next year. Meaning the monthly payment for your heating oil can never go higher than this set budget payment for the gallons you’ve protected. It also allows you to benefit on lower oil prices, should prices drop during the heating season. The benefit will be the advantage of these lower prices, while still giving you a ceiling on your budget payment.
The program has a monthly fee, and will be figured into your budget payment over a 12-month period. For a nominal protection fee, you get the best of both worlds and no surprises – a capped price and easy, consistent monthly payments. This program provides customers the best chance for stability and security during the heating season.
If you want to do the Cap Program without the budget you can take advantage of a 2% discount off your oil bill if you pay within 10 days.
*You can do the Cap Program without doing the Budget Program.
Please contact us to learn more about the Budget Plan or Capped Budget Program!