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Price Protection • Frequently Asked Questions • Enrollment Form
Price Cap Protection Contract
Please fill in the form below and submit.
All Sections must be completed in full.
Effective date: Expiration date:
Customer Name: Acct#:
Address:
This contract guarantees the price of fuel oil to be no higher than per gallon for the life of this contract. (Or less if maket allows).
I would like to purchase gallons of fuel oil on the price cap protection program.
I have enclosed my $99.95 participation fee, to be paid at te time of enrollment. For residential accounts only. Commercial accounts must call for a price quote.
THE TERMS OF THIS CONTRACT ARE AS FOLLOWS:
  1. The custom must be on automatic delivery for the full term of the contract.
  2. Each delivery must be paid within 10 days of delivery date, or current budget.
  3. Past due accounts will be disqualified from the price cap program and be charged the current market price, and forfeit their participation fee.
  4. Customer must be credit approved.
  5. If a customer usage surpasses the number of gallons locked in for, the additional gallons will be charged at market rate of that days delivery.
  6. This contract may be cancelled without prior notice or penalty in the event of "force majeure" supply disruption beyond the control of Globe Petroleum. In this event, we will refund the proportionate balance of your participation fee.
  7. Businesses are subject to NJGRT at .04 cents per gallon. The .04 cent tax is charged above the cap price.
  8. Customers must have a current balance to enroll in the cap program. Deliquent accounts will not be accepted in the program.
This is a binding contract between Globe Petroleum and it's customer.
Penalty for early termination.
This contract is not valid until signed by an authorized Globe Petroleum Representative.
Globe Petroleum Representative:
Customer Signature: Date:
   
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