Set the price, spread your fuel costs over the course of the year, and benefit from any downturn in the market price
We calculate a budget payment based on a set price for a fixed number of gallons that you choose to purchase. The budget is calculated by multiplying the number of gallons by the set price per gallon plus the additional per-gallon cost of the Downside Insurance. Programs start in July and run for 10 months, so the total is divided by 10 to give you 10 equal monthly payments.
Want to budget but didn’t sign up in time for a July payment? No problem – we’ll adjust your payments by dividing the total cost by the number of remaining months.
Just like the Flex Price Prepaid, this program is beneficial for those customers who believe prices may fall and don’t want to be left holding more expensive fuel, but who also want to spread their payments over the year. If the market price on the day you receive a delivery is below the set price you paid, your account will be invoiced the market price and the difference will result in a credit on your account. Available for all oil accounts.