BUDGET PLANS – Hitting customers with an expensive propane bill when the seasons change is not ideal. To avoid this “sticker shock” and keep revenue consistent throughout the year, you can use Budget Plans. This feature is already built into RMA and enables you to spread out the cost of your customers propane over the year. Looking at historic usage you can estimate their annual gallons and average price of fuel for the year and turn that into a monthly budget figure. This is not a fixed price, however it helps you avoid sending out those large, expensive bills during certain times of the year. 

How does it work? 

1. Look at your customer’s historic propane usage to set a predetermined budget. 
2. Customers will pay a fixed monthly amount based on a 12 month billing cycle.
3. At the end of the year, the customer may have a balance or a credit that can be paid or credited at year-end. 

Customers appreciate paying the same amount each month, and it simplifies your accounting. 

PRE-BUYS – Why should you allow your customers to pre-buy your propane? Customers lock in a fixed price for the year and you are able to receive an additional revenue stream. This is an incredible benefit, as the fuel market can be extremely volatile. It’s not uncommon to see steep price hikes when entering a new season, but propane pre-buy contracts can help keep your costs down for your customers. 

Giving your customers the option to pre-buy propane at a locked in price is a feature that is built into RMA. By locking in low prices for the year, they will immediately know the price, and will likely save money in the long run. This is easy to set up in RMA. Simply create a credit code and associate it with a corresponding product code. 

This feature helps your customers avoid seasonal gas price hikes by prudently choosing the pre-buy option and will make significant savings.

If you have more questions about how to implement these features reach out to support at 1-209-632-1122 ext. 5544.