How to Make a Pre-Buy
Our Pre-Buy plans will allow you to lock in a price for your next heating season. Eastern will analyze last year's usage to help you estimate the number of gallons to consider for Pre-Buy this year. You may pre-purchase this amount of fuel (or at least the 500 gallon minimum) at our then advertised Pre-Buy price. You will be placed on an automatic delivery schedule and as you need fuel, we deliver it.
You will then have the peace of mind that comes with knowing, no matter how high fuel prices rise, you will stay comfortable and warm. If you use less than the amount you contracted for, the dollars leftover will remain on your account for future purchases from Eastern at then current prices. Automatic delivery must remain in effect until at least April 30th and will continue afterward until you request otherwise. If you use more than the amount you contracted for, you will pay the current cash rate for any excess gallons.
Pre-Buy is merely an option. We cannot recommend it or discourage it, as there is no way of knowing if this will save you money. The future price of oil may change dramatically for many different reasons. It is possible that you may very well do better by not locking-in.
The following pages contain important information about the Pre-Buy program at Eastern. We encourage you to read this material carefully before making your decision. Each Pre-Buy is subject to Eastern's Pre-Buy Agreement.
Pre-Buy Requirements:
- Customer must be on automatic delivery.
- Minimum of 500 gallons must be purchased.
- Pre-Buy based on your previous year's oil or kerosene usage.
- Prices are subject to change. Call to confirm your rate. Offer valid only while supplies last.
- All products must be delivered by April 30th.
- Full Season Pre-Buy plan requires payment in full at time of purchase; 4 or 6 Month Pre-Buy plan requires first payment at time of purchase.
- Pre-Buy product is secured in advance by Eastern, and therefore is non-refundable. Pre-Buy prices are fixed only from October 1st to April 30th. Should there be a dollar credit remaining on April 30th under a fixed contract, it will remain on your account for future purchases from Eastern at then current prices.
- Downside Protection (optional) is typically available with any of the three plans you choose to pre-buy for the season. With DownSide Protection, if Eastern's retail price is lower than your Pre-Buy price at the time of delivery, you pay the lower price. Downside protection is payable at time of sign up and is a non-refundable fee. (For current Downside Protection pricing and availability, call 800-523-5237 and ask for the Pre-Buy department.)
Choose a plan that works for you:
Full Season Pre-Buy 500 Gallon Minimum Purchase Lock into a price on #2 heating oil by purchasing your expected season's fuel all at one time for the season from October 1st to April 30th. Payment in full is due at time of purchase. Limited quantities available. Click here for pricing and availability.
4-Month Pre-Buy 500 Gallon Minimum Purchase Spread out your heating season costs evenly over a four-month period while locking in one price on #2 heating oil. Make equal Pre-Buy payments over a four-month period. First payment is due at time of purchase. Click here for pricing and availability.
8-Month Pre-Buy 500 Gallon Minimum Purchase Spread out your heating season costs even more, with eight equal Pre-Buy monthly payments for #2 heating oil or kerosene. You don't have to incur a large upfront expense for a locked in price. First payment is due at time of purchase. Click here for pricing and availability.
