Fuel Oil Payment Plans
HB McClure has a fuel oil payment plan for every budget. Choose your method of payment from the following options.
Pay for your fuel oil via even monthly payments that are calculated based on your previous usage.
With Smart Pay you get:
- predictable monthly payments that are ideal for customers who are on a budget.
- no unexpectedly high heating bills during the heating season.
- automatic renewal with no additional paperwork at the end of each year.
There is no risk associated with Smart Pay; however, some customers don’t like paying for heating oil during the off-season summer months.
Smart Pay Plus
With Smart Pay Plus you’ll never pay more than a predetermined price per gallon for your heating oil. If the price of oil goes down, you pay the lower price. If the price of oil goes up, you’re protected and pay no more than the agreed upon capped rate.
With Smart Pay Plus:
- you’re protected from unexpected spikes in the market.
- you purchase your fuel oil from HB McClure for the term of the contract.
You do not have to be on a Smart Pay plan to take advantage of a price cap, but many customers opt to include price cap protection along with a pre-buy or monthly payment plan.
Pre-Buy with Price Cap
Purchase your fuel oil in advance based on an estimate of how much you’ll use over the course of the heating season. An HB McClure home heating expert can help you estimate this amount based on your home’s historical usage and weather conditions in your area.
Pre-Buy with Price Cap allows you to:
- lock in a pre-season price, so you won’t be affected if prices rise.
- make a single payment for the total amount of oil you’re purchasing prior to the start of the heating season.
- enjoy added protection. Should additional gallons be required, they will be provided at the pre-buy pricing level.
There is no risk associated with Pre-Buy with Price Cap; however, some customers don’t like paying for heating oil in advance of the heating season.
With Pay-As-You-Go, you pay the current market price at the time of delivery.
- there is no obligation to purchase a minimum amount of fuel oil.
- you can switch suppliers at any time without having to break a contract.
The downsides are fluctuating oil prices and the potential for periodic, large oil bills. If a market event drives oil prices up, you’ll be paying the higher price, and you’ll be paying the total amount at the time of delivery.