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snowmanBudget Payment Plan

Rich’s Budget Payment Plan is a free service to help manage your expenses by equalizing monthly oil bills.

  • Once enrolled, Richs will forecast the cost of oil for the coming year by looking at the amount of oil used at your address for the same time-period the prior year. The projected amount is divided into equal monthly payments.

Total Yearly Energy Use divided by 10 months = Budget Billing Amount

  • By equalizing your payments over a 10-month period, you avoid the seasonal peaks associated with heating and cooling months.
  • Periodic reviews are conducted on your account. If there is a significant difference, the budget amount will be adjusted accordingly.

  • Once a year, a settlement bill is calculated and credit balances will be included in next year’s budget calculation.