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HEATING OIL PRICING & PAYMENT

Pricing and payment options, explained plainly.

Heating oil prices can change with the market, but you have choices in both how your fuel is priced and how you pay for it. We’ll explain market pricing, available fixed-price and price-cap programs, Budget Plan, and payment options in straightforward terms so you can choose what works best for your household.

Levco driver confirming the metered gallons on a heating oil delivery truck
HOW PRICING WORKS

Start with what you want your pricing to do.

There isn’t one pricing approach that fits every customer. Some prefer Market Pricing, which changes as market conditions change, while others value greater price certainty through an available Fixed-Price or Price-Cap program.

Market Pricing

Our simplest pricing option. Your price adjusts with market conditions over time, giving you flexibility without committing to a seasonal fixed price or cap, and the opportunity to benefit when the market moves lower.

Fixed Price

When available, establishes a set price per gallon for covered gallons during the program period, subject to the written terms. A program fee may apply.

Price Cap

When available, it establishes a maximum price for covered gallons while allowing a lower applicable market price when it falls below the cap. A program fee may apply.

Not sure which approach makes sense? Our team will explain the programs currently available, how each works, and the applicable terms so you can make an informed choice.

PAYMENT OPTIONS

Choose how you want to pay.

Pricing determines what your fuel costs. These options simply make paying for it easier, whether you want more predictable monthly payments or the convenience of automatic payment.

Per-Delivery AutoPay

Keep it simple. After each heating oil delivery, the amount due is automatically charged to the credit card on file. You pay for the fuel as you receive it, with no separate payment to remember.

Budget Plan

Prefer steadier monthly payments? We estimate your annual fuel costs and spread them across scheduled monthly payments, automatically charged to the card on file. Your account is periodically reconciled to actual usage and charges.

Want help comparing your options?

We’ll walk you through current pricing programs and payment choices so you can understand how each one works before you decide.

FAQ

Pricing & payment questions

What is Market Pricing?
Market Pricing is our simplest pricing option. Your price adjusts over time as fuel-market conditions change, without committing to a seasonal fixed price or cap. When market prices move lower, your price can move with them.
What's the difference between a Fixed Price and a Price Cap?
A Fixed-Price program establishes a set price per gallon for covered gallons during the program period. A Price-Cap program establishes a maximum price while allowing a lower applicable market price when it falls below the cap. Both are subject to written program terms, and a program fee may apply.
When can I enroll in a Fixed-Price or Price-Cap program?
Availability and enrollment periods depend on the program and market conditions. Contact our team for the options currently available and the written terms that apply.
Can I change pricing programs during the season?
That depends on the program you enrolled in and its written terms. Our team can review your account and explain what, if any, changes are available.
How do payments work at Levco?
All Levco fuel accounts use automatic credit-card payment, and we accept all major credit cards. You can either have your card charged after each delivery through Per-Delivery AutoPay or enroll in our Budget Plan for scheduled monthly payments.
What is Per-Delivery AutoPay?
After each heating oil delivery, the amount due is automatically charged to the credit card on file. You pay for your fuel as you receive it, with no separate payment to remember.
How does the Budget Plan work?
We estimate your annual fuel costs and spread them across scheduled monthly payments automatically charged to your card on file. Your account is periodically reconciled to your actual fuel usage and charges. The Budget Plan changes when you pay, not how your fuel is priced.
Can I use the Budget Plan with Market Pricing, Fixed Price, or Price Cap?
Yes, when eligible. Your pricing program determines how the fuel itself is priced; the Budget Plan determines how those costs are spread across the year.
Is a Budget Plan the same as a Fixed-Price program?
No. A Budget Plan smooths your payments across the year. It does not by itself lock in your fuel price. Fixed-Price and Price-Cap programs determine how the price of covered gallons is calculated.