This
is our most popular payment strategy because it allows
you to spread your winter fuel costs over
eleven equal monthly payments, putting an
end to unpredictable fuel bills. Your monthly
payment is calculated based on your
estimated usage and expected average fuel
price for the upcoming heating season. (Please note, this is not fixed, nor a capped price.)
The
11-month period begins in July and runs through
May, with June as a “catch-up” month. If there is a balance due on your account
because more fuel was consumed than what had
been estimated, or the average price per gallon was higher than expected, we will send you an invoice in May, which is due in June.
Conversely, if your fuel consumption or the average per-gallon price was lower
than expected, we will either credit that
positive balance to your following year’s
payment plan, or send you a refund check.
You
also receive a 1% annual interest rebate on
any credit balance, which is applied to your
account monthly.
For
lowest monthly payments, put your account
on the Custom Monthly Payment Plan early!
(Proof
of credit-worthiness is required for Custom Monthly Payment Plan.)
