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Maine Bulk Fuel Discount

Maine Bulk Fuel Discount

The state negotiates annually with oil dealers and receives the cash price rather than the credit price for oil for LIHEAP recipients, providing them an average savings of 10 to 12 cents per gallon. A new program began in 2007 under which dealers have two options: they can offer LIHEAP customers a discount of 4 to 7 cents per gallon or they can charge a margin over their wholesale price, from 28 to 37 cents per gallon depending on the vendor´s location.

LEVERAGING

2010: $1 million
2007: $1.1 million
2006: $1.2 million
2005: $1.1 million
2004: $1.5 million
2003: $1.7 million
2002: $1.5 million
2001: $1.5 million
2000: $2.5 million
1999: $1.4 million
1998: $697,947
1997: $677,009
1996: $876,569
1995: $925,462
1993: $1.3 million
1992: $1.9 million