Budget and Prepay Plans
Bove Fuels is proud to offer Budget and Prepay programs to our customers. No matter which product you use to heat your home we have a program for you! Both plans allow you to secure a price or receive a discount of retail value for the upcoming heating season. Each program is offered to customers that are credit qualified and sign up for a minimum of 400 gallons.
The budget program is calculated by taking an average of your annual usage multiplied by the cost per gallon and then break your total heating cost into 10 monthly payments. Example: 1000 gallons of fuel at a cost of $3.00 per gallon would equal a total cost of $3000.00 for the heating season. We would then break that total cost up into 10 payments of $300. Monthly payments can start in June, July or August and run for 10 months. Payments are due on the 10th of each month.
We have 3 options for Budget programs:
- The Capped Budget Program The price per gallon is set with a 20 cent maximum cap price. Your price will not go any higher than the 20 cent cap nor will it go lower than the set price. There is no fee for this option.
- The Price Protection Program The price per gallon has a capped price that will not go above said amount but you will also have protection on the gallons in case of a down market. There is a monthly $18 fee for this option.
- The Discount of Retail Program The price per gallon is not locked in at any rate for the season and you will pay the daily market price with a 10 cent discount off your delivery .There is no fee for this option.
The prepay program is where you purchase your gallons upfront for the season in advance. The prepay program plan can secure a lock in price for the season or you can choose not to lock in and receive a discount of 15 cents per gallon at the time of delivery by sending in a pre-payment for the season. Payment is due at the time of purchase.
We currently have 2 options for Pre-Pay programs:
- Fixed Pricing Plan This plan can secure a lock in price for the season for the amount of gallons you wish to pay in advance for.
- Discount Off Retail Pricing Plan. This plan will give you 15 cent discount off deliveries for the amount you pay for advance.
Call our office at 664-5111 or contact us for details and information today. Sign up for contracts start in June!!!