If you’re like many Bioheat® fuel customers in New York, winter heating can take a chunk of your budget every time you get your tank filled. However, there are payment plans that can ease your fuel costs in the winter, and the time to sign up for one is in the spring.
A fuel payment plan is the savvy homeowner’s best tool to keep energy bills manageable. While there are several types of payment plans, all payment plans can help you:
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Most local Bioheat® fuel suppliers begin open enrollment for budget plans in the spring. When customers sign up before winter, they can take advantage of lower preseason rates and, with some plans, spread fuel costs out evenly through the year. With several options to choose from, payment plans are built for customer flexibility and affordability. Each fuel supplier will have their own plans and terms, but some basic options you might see include:
Set a capped price and make ten to twelve monthly payments. No matter how fuel rates may climb, you’ll never pay over the agreed upon rate. With downside protection, if market rates drop, you will pay the lower price.
Bioheat® fuel deliveries will be made at the daily market rate. You can spread your payments out over a ten- to twelve-month period. When market prices drop, you’ll always pay the lowest price.
Lock in a predetermined, fixed rate per gallon and spread your payments out over a ten- to twelve-month period. This plan adds predictability to your energy bills and protects your wallet if market prices spike.
Purchase your Bioheat® fuel upfront at a discounted rate. The amount to purchase will be determined by previous usage history. This way, you take advantage of low preseason rates and have your fuel for the winter squared away. Downside protection is available in some cases.
Taking just a few moments to plan ahead and protect your fuel price can save you time, money, and stress this winter. Contact your local Bioheat® fuel provider to learn more about what plans they offer and how signing up can help make managing your heating bills easier than ever.
