How does Anderson Fuel Budget Plan work?
Our budget plan is a simple way to take the higher costs associated with mid-winter heating and spreading them over a longer period. When budget payments are made as agreed there are no finance charges on your account for heating oil or the service contract (Anderson Plan). We pay a budget bonus (interest) on your account when you have a credit balance. By taking your estimated annual fuel usage, the cost of your service plan and dividing the total into 11 equal payments. The budget amount for each year is based on the forecasted price for the coming heating season. We will send out adjusted figures if conditions warrant. Budget payments start in August and end in June, with July as the settlement month for any remaining balance.
