Vermont Bulk Fuel Discount

• State legislation passed in 2001 allowed Vermont to advance non-federal funds to the LIHEAP program after July 1 to pay for summer fuel purchase agreements with participating fuel suppliers. Suppliers who sign with the Summer Fuel Purchase (SFP) program quote a price, based on summer rates. They also guarantee a price reduction if prices fall below that quote. Fuel assistance customers get the agreed-upon price only for the fuel purchased with their fuel assistance benefit.
  
  
• Venezuelan oil discount program
  

LEVERAGING

2006: $915,684
2005: $906,854
2004: $237,689
2003: $686,503
2002: $155,900
2001: $284,000
2000: $176,701
1999: $127,980
1998: $140,379
1997: $132,152
1996: $3,985
1995: $3,850
1993: $22,000

Page Last Updated: April 4, 2007