Payment Plans & Types

Pre-Purchased Oil Plans

Fixed-Price Plan

As the name suggests, the fixed-price plan entails pre-purchasing oil now for the winter season at a set price. The oil will be delivered (with no additional charge) at the set price, as needed, between October 1 and March 31.

To calculate the estimated cost of the fixed-price plan, multiply the cost of oil per gallon by the average amount of oil used during a season. For example, $3.99 per gallon x 800 gallons (average usage) = $3,192.00 for the one winter season. The total cost must be paid in full within 10 days of signing the contract.

CAP Price Plan

The second plan, the CAP price plan, is the same base-price per gallon as the fixed-price plan, but provides you with extra peace of mind. For a mere $0.50 per gallon, an insurance policy is offered to reimburse you if the spot-market price falls below the fixed price.

To calculate the estimated cost of the CAP price plan, take the cost of oil per gallon, add $.50, and multiply by the average amount of oil used during a season. For example, $3.99 per gallon + $0.50 = $4.49 x 800 gallons (average usage) = $3,592 for one winter season. Total prepayment is required.

Other Considerations

Choosing a Plan

Please call us at (617) 484-7771 if you'd like to sign up for either of the above plans or if you have questions. Please note that in order to purchase a contract and lock in a set price, we must purchase one contract at a time, which equals 42,000 gallons of oil. Therefore, the price will not be finalized until the total purchase order is 42,000 gallons of oil or more. Once the price is finalized, an invoice will be mailed to you, at which point a check for the total amount of oil purchased must be received by us within 10 days to secure your order.

Credit Terms & Budget Planning

The second plan, the CAP price plan, is the same base-price per gallon as the fixed-price plan, but provides you with extra peace of mind. For a mere $0.50 per gallon, an insurance policy is offered to reimburse you if the spot-market price falls below the fixed price.

To calculate the estimated cost of the CAP price plan, take the cost of oil per gallon, add $.50, and multiply by the average amount of oil used during a season. For example, $3.99 per gallon + $0.50 = $4.49 x 800 gallons (average usage) = $3,592 for one winter season. Total prepayment is required.

Please also note the following terms:

  • All monthly charges must be paid in full by the tenth of the following month.
  • Deliveries will be put on hold to customers that have not met the payment schedule.
  • Partial payments on balances will not be acceptable - the full amount must be paid on time.
  • Please call our office to inquire about additional budget and payment plans that we have available.

We accept the following types of payment:

  • Credit card: Visa, MasterCard, Discover, AMEX
  • Personal Check
  • Cash
  • Financing also available