Written on: April 12, 2022

Energy Price Report

April 2022

Given what’s been going on in the world as I write this, it’s no surprise that customers have been calling us, frantic about the shocking rise in fuel prices that followed the Russian invasion of Ukraine.

We’re just as troubled as you are, including when some people decide to look elsewhere for a better “deal” because they think we are making more money. The exact opposite is true.

Customers have trouble paying their bills and our receivables skyrocket. Meanwhile, we must pay our suppliers in just 10 days. This forces us to borrow much more from the bank. It is an awful mess for everyone.

We also had to raise the monthly payment for our customers enrolled in our monthly EvenPay plan. Despite this, spreading out your payments throughout the year is much easier than paying in full for each delivery.

If you are having trouble paying your bill, talk with us before it becomes a problem. Many times, we can work out something to give you more time, especially if you’ve been with us a while. We can also set you up on our EvenPay plan at no cost.

We don’t know where things will go from here, but we hope this spike is only temporary. Nothing will make us happier than when prices return to normal.  Until then, trust us to look out for you and let’s hope we are living in a more peaceful world.

Warmly,

Richard C. Bologna