HOW THE Budget PAY Program WORKS FOR YOU
Fred’s Energy budget pay PROGRAM is the easiest and most convenient way for you to pay for your fuel. This plan allows you to spread your payments out over 12-months, even though you use most of your fuel in just six. This makes your payments more predictable and helps avoid steep spikes during the times you are using the most.
Fred’s Energy uses an average of the last two years of your heating costs and divides it into 12 equal amounts to estimate your payments. You will be able to make this one low payment each month rather than paying for your heating oil after each delivery regardless of how many deliveries you get in a single month. Then, we will review your account on a periodic basis and make any necessary adjustments to your payment amount, up or down. If you have a credit balance at the end of the year, you will receive a check for that amount, or you can apply it to next season’s fuel.
Automatic Payment Options
Fred’s Energy also gives you the option of making automatic payments through our FREE Electronic Funds Transfer service, or we can automatically charge your credit card each month, with or without being on the budget plan. This means one less thing for you to have to worry about so you can focus on the things you need to most, saving you time and hassle. What’s more is that there is no cost to enroll, and signing up is easy and FREE. In fact, we’ll even give you a $50 credit on your account* just for signing up for one of our auto pay options. *For customers signing up for the first time.
In addition, you can even combine all your Fred’s Energy expenses in your budget pay plan and/or your auto pay plan including:
- Service plan costs
- Equipment financing costs
- Propane costs
Signing up is easy! Simply call your local Fred’s Energy office to sign up or to speak with someone who can help select the plan best for your needs, or fill out the form on this page and someone will contact you promptly.
A variety of payment options to meet your individual needs
In addition to the payment plans, you have the added convenience of being able to pay pay using any one of these following methods:
- Personal Checks
- Credit Account