Heating Oil Pricing and Payment Options
R. H. Foster Gives You Choices for Managing Your Heating Oil Costs
At R. H. Foster, we understand that every household and business has unique needs and financial situations. That’s why we offer a range of flexible pricing and payment options designed to give you control over your heating oil expenses.
Budget Plan
- Break up your seasonal heating oil costs into monthly installments.
- Eliminate high winter heating oil bills.
- Automatic Delivery
- Service plan payments can be included.
- Receive interest on any credit balance.
Budget Plus with Price Protection
- Get the stability of the budget plan along with a cap on your price-per-gallon.
- Protect yourself from heating oil price spikes.
- Pay a lower price if the price-per-gallon is less than capped price.
- Automatic Delivery
- Service plan payments can be included.
- Receive interest on any credit balance.
PreBuy
- Buy your heating oil supply at a set price ahead of heating season and pay upfront in full.
- Protect yourself from heating oil price spikes over the winter.
- Automatic Delivery
Fixed Price
- Lock in your heating oil price-per-gallon ahead of heating season.
- Protect yourself from heating oil price surges.
- Spread your heating oil costs over monthly installments.
Special Savings for Those Who Have Served
At R. H. Foster, we are deeply grateful for the sacrifices made by our nation’s service members. To show our appreciation, we are proud to offer local Veterans, Active Duty, Reserves, and Retired a Veterans Discount on heating oil. It’s a small way for us to say thank you to the brave people who have served our country.
Frequently Asked Budget Questions
Answer
Your estimated usage (based on a three-year average of gallons) is multiplied by the price per gallon and divided into equal monthly payments. If you choose to CAP your gallons, that fee is also worked into the monthly figure, as well as your service plan if applicable.
Your estimated usage (based on a three-year average of gallons) is multiplied by the price per gallon and divided into equal monthly payments. If you choose to CAP your gallons, that fee is also worked into the monthly figure, as well as your service plan if applicable.
Answer
Your signed and initialed contract is due back within five days of receipt. First payment is due when the contract is sent back.
Your signed and initialed contract is due back within five days of receipt. First payment is due when the contract is sent back.
Answer
Payments are due by the 15th of each month.
Payments are due by the 15th of each month.
Answer
Yes, there is a minimum of 400 gallons required.
Yes, there is a minimum of 400 gallons required.
Answer
If you miss more than two payments, your budget is subject to going on a “Credit Hold.” We reserve the right to terminate the Budget Contract.
If you miss more than two payments, your budget is subject to going on a “Credit Hold.” We reserve the right to terminate the Budget Contract.
Answer
All products (heating oil, kerosene, or propane) can be included, as well as a service plan if applicable.
All products (heating oil, kerosene, or propane) can be included, as well as a service plan if applicable.
Service work above and beyond the contract must be paid separately, as well as gallons not included in the Budgeted Gallons reflected in the contract.
Answer
This fee allows us to purchase gallons in advance for you and lets you follow the price down, should it drop with the market.
This fee allows us to purchase gallons in advance for you and lets you follow the price down, should it drop with the market.
Answer
Your pricing will revert to the original price structure on your account. Keep in mind — if your gallons run out in March, you still have payments on your budget until May. Please work with your R. H. Foster Representative to determine the best gallon count for your heating season.
Your pricing will revert to the original price structure on your account. Keep in mind — if your gallons run out in March, you still have payments on your budget until May. Please work with your R. H. Foster Representative to determine the best gallon count for your heating season.
Answer
We pay 2.5% interest on credit balances up to the total amount of the budget.
We pay 2.5% interest on credit balances up to the total amount of the budget.
Answer
We will work with you to find a payment you can afford that also covers the gallons needed to get through the heating season. Having a low payment but running out of gallons in February doesn’t help. You would need to purchase additional gallons outside the budget while still making your remaining monthly payments.
We will work with you to find a payment you can afford that also covers the gallons needed to get through the heating season. Having a low payment but running out of gallons in February doesn’t help. You would need to purchase additional gallons outside the budget while still making your remaining monthly payments.
Answer
Your credit balance or amount owed (up to $400) will be rolled into your budget and factored into monthly payments. A credit balance means lower monthly payments; an outstanding balance means a higher payment. We always recommend paying off any balance at the start of the budget season to keep your payment as low as possible.
Your credit balance or amount owed (up to $400) will be rolled into your budget and factored into monthly payments. A credit balance means lower monthly payments; an outstanding balance means a higher payment. We always recommend paying off any balance at the start of the budget season to keep your payment as low as possible.
A — Cash Budget
We can adjust your gallon usage and payment as needed. For example, if it’s a warm winter and usage is lower than projected, we may lower your payment during our January review. Conversely, if it’s a colder-than-average winter, we can adjust the payment and gallons upward.
We can adjust your gallon usage and payment as needed. For example, if it’s a warm winter and usage is lower than projected, we may lower your payment during our January review. Conversely, if it’s a colder-than-average winter, we can adjust the payment and gallons upward.
B — Fixed Price Contract
If you have a fixed price on a set number of gallons and don’t use them all, our management team will review the situation and determine next steps. All fixed-price contracts include liquidated damages. When you fix a price on a set number of gallons, those gallons are secured. You own them, and we just need to deliver them.
If you have a fixed price on a set number of gallons and don’t use them all, our management team will review the situation and determine next steps. All fixed-price contracts include liquidated damages. When you fix a price on a set number of gallons, those gallons are secured. You own them, and we just need to deliver them.
Answer
We typically run budgets from June to May, rolling out in June with the first payment due in July. However, we want to be flexible. If that timeline doesn’t work for you, call your local office and we’ll do our best to accommodate.
We typically run budgets from June to May, rolling out in June with the first payment due in July. However, we want to be flexible. If that timeline doesn’t work for you, call your local office and we’ll do our best to accommodate.
R. H. Foster provides more than you’d expect to help you manage your heating oil costs with confidence. Contact us today to take control of your heating expenses this winter.
Why R. H. Foster?
Dependable fuel and equipment service, delivered with the personal care of a local, family owned business.