Summertime is in full swing here in Upstate New York, and while home heating might not be top of mind, it should be! This is the time of year when many Bioheat® fuel providers open their budget plans and price protection programs to homeowners like you, so you can get the fuel you need to stay warm in whatever way it is easiest to work into your monthly budget. Keep reading this blog post to learn more about the most popular types of pricing plans out there.
Related Post: Ask Your Fuel Provider about Pricing Plans
The majority of fuel budget plans start in the summer, typically in June or July. Most fuel suppliers rely on technology to predict your annual Bioheat® fuel usage, then divide the total cost into several even monthly payments—usually 11 or 12. You are billed for one installment a month, preventing you from bearing the brunt of high fuel costs and pay-per-delivery rates during the winter months.
A fuel price protection program is precisely what it sounds like it is based on the name. You lock in a predetermined, fixed rate per gallon on Bioheat® fuel and spread your payments out over a set period, typically anywhere from 10 to 12 months. This plan adds predictability to your energy bills and protects your wallet if market prices spike.
A fuel prebuy plan involves paying for all the heating fuel you think you will use upfront at a locked-in, fixed price. You are billed once and don’t have to worry about purchasing fuel or price spikes during the heating season.
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Enrolling in a budget plan or price protection program is as simple as getting in touch with your local Bioheat® fuel provider. They’ll be able to break down the details of all your options and help you determine which type of pricing plan is best for your household and your budget. And remember, using Bioheat® fuel to heat your home is helping Upstate New York pave the way for a more sustainable tomorrow.