Heating Oil Delivery Financing Program
SmartPay: A Budget Plan for Your Fuel Purchases
Our SmartPay program is a free payment program that helps you keep your energy costs down during the coldest months of the year by spreading your energy costs into lower, monthly payments. With SmartPay, your expected fuel, service agreement, and tank lease fee expenses for the year will be divided over 12 months, which translates to low monthly payments. This is our most popular payment program.
To calculate your monthly payment, we use your delivery history to estimate the total number of gallons you will need for the year. We then combine that cost with the cost of any service plans or tank lease fees to estimate your monthly payment amount. You don’t need to worry about using less fuel than we’ve budgeted for because you can always request a refund on the remaining balance. Plus, any credit on your account earns a .2% rebate. Periodically SMO Energy will review your actual spend to your projected spend and will adjust your SmartPay payments to align the two. There is no cost to enroll in this program!
Benefits of our SmartPay program
- Low monthly payments – Annual costs divided into 12 easy payments
- No surprises or large bills – No need to worry about paying for your entire delivery all at once.
- More than just fuel – Program includes all fuels, service agreements, and tank lease fees on your account.
- Plan adjusts to your usage – Your monthly SmartPay payment amount will be adjusted throughout the year to reflect your actual usage. If your payment amount is too low to cover your actual usage we will adjust your payment amounts. If you’re paying more than your actual usage, you will receive a .2% rebate per annum on your credit balance.
- Multiple automatic payment options:
- EZ credit card draft: You can set up convenient recurring payments on your credit card.
- SmartPay Plus: Upon enrollment in our free EFT draft option you will earn a .2% rebate per annum on your credit balance.
- Should you choose, you can also send in a payment each month.
SmartPay Plus: Pay Easier & Save More
By enrolling in SmartPay Plus, our autopay program, you won’t have to worry about sending in your SmartPay payment each month. With SmartPay Plus, you can have your SmartPay payments automatically withdrawn from your bank account or credit card on the 26th of each month. Not only is this a more convenient way to pay while you remain on the program.
SmartPay Services from SMO
Why should you enroll in SmartPay Plus?
SmartPay Plus offers you a number of benefits:
- Makes paying bills easy – no more stamps or checks
- Avoid late fees – Since your payments will be automatically withdrawn from your bank account
or charged to your credit card, SmartPay Plus will help you avoid late fees
It is FREE! There is no cost to enroll in SmartPay Plus.
Enroll in SmartPay Plus