Fuel Buying Program
Heat your home for less.
Simplify the heating season
Let’s make heating your home easier and more affordable. Offered exclusively to EastRise members, our Fuel Buying Program gives you reduced pricing for a variety of fuel types with participating fuel dealers.
Benefits
Auto payments
Our payment system automatically covers your bill after each delivery.
Auto delivery
Get your fuel delivered to your door on an automatic schedule that’s convenient and hassle-free.
Added protection
Insufficient funds in your Fuel Clearing account? Your line of credit will automatically cover the amount owed.
Find a dealer and pricing
Let us help you locate a fuel dealer in your area. Simply fill in your zip code, check off the type of fuel you use, and hit search to find out which dealers offer home heating fuel through our Fuel Buying Program.
Price types
Rack Plus will fluctuate depending upon wholesale cost and market conditions. Rack Plus pricing allows you to take advantage of lower heating fuel prices if prices drop during the heating season and does not require you to pre-buy your fuel. There is a possibility at times our Rack Plus price could be the same as the provider’s retail price* or more. We cannot guarantee the Rack Plus price will always be lower than the retail price. Pricing does not include taxes or shipping costs.
Fuel dealers offering Rack Plus pricing: Energy Co-op of Vermont, Irving Oil, and Trono Fuels
*Retail price is the price quoted by a fuel dealer on any given day, without taking any discounts or program deals into account.
Laid in Cost is the wholesale fuel cost plus shipping and includes any applicable taxes.
Fuel dealers offering Laid in Cost pricing: Suburban Propane
Discount off Retail is the retail price* less the discounted amount.
Fuel dealers offering Discount off Retail pricing: Barrows and Fisher Oil Co, and Bourne’s Energy.
*Retail price is the price quoted by a fuel dealer on any given day, without taking any discounts or program deals into account.
Fixed pricing is offered by some fuel dealers and is subject to availability. Before enrolling in our Fuel Buying Program, please contact your selected fuel dealer directly to lock in a fixed fuel price and be sure to tell them you are enrolled in order to receive the negotiated discount. Some fuel dealers require customers to pre-buy their estimated seasonal amount at the beginning of the heating season.
Budgeting tool
Estimate how much you should be saving every month to pay for heating costs.
Enroll today
We make it easy to enroll online. You can get started in just a few steps.
Unique payment system
Our unique accounts and payment system are designed to make it simple and easy to save and pay for the heating season. The payment system consists of a Fuel Clearing account and Line of Credit, which participants are required to open.
Save for the future
The Fuel Clearing account is where you should make regular deposits all year to budget and save for fuel. After each delivery, the dealer is automatically paid from this account. The account also earns interest like a regular checking account.
There are no checks or debit cards issued with the Fuel Clearing account. It is strictly for deposits and automatic payments.
Current rates
|
Type |
APY |
|---|---|
| Rates effective 10/12/2024 | |
|
APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings. |
|
|
Type Clearing Account |
APY 0.10% |
Borrow when you’re low on funds
The Fuel Credit Line is a safety net for your fuel payments. If you don’t have enough money in your clearing account, your line of credit will cover the payment to the dealer. The Fuel Line of Credit may also be used to cover heating-related services such as cleaning, repairs, or upgrades.
The Fuel Credit Line is a loan and is subject to underwriting and approval. If you need to completely replace your equipment or are looking to make efficiency upgrades, consider applying for a green loan.
Current rates
|
Type |
APR |
|---|---|
| Rates effective 10/12/2024 | |
|
APR = annual percentage rate and reflects the current minimum APR offered. Fuel Line of Credit is a fixed rate. |
|
|
Type Line of Credit |
APR 8.00% |