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Payment Programs

Let Lakes Gas help you choose a payment program that works for your budget

payment programs

Propane Pricing Options
Lakes Gas offers a range of propane payment programs, so customers in Minnesota, Michigan, Wisconsin and South Dakota can decide what works best for them. The two most popular programs are the Pre-Buy program and the Budget program.

Prebuy Program
Our Prebuy program includes two options. You can opt for a 100%-paid plan or you can prebuy in installments.

If you opt to pay in installments, here’s how it works:

  • 50% of your total amount due is due at the beginning of the agreement.
  • 25% of your total amount due is due 30 days from the start of the agreement.
  • The remaining 25% of your total amount due is due 60 days after the start of the agreement.

(For payment that’s not received, the plan will be terminated and any credits on the account can be used for the purchase of gas sold at current retail market propane prices.)

budget plan

Budget Program
The Budget Program is another popular option. The budget propane price is the current discounted retail market price at the time of delivery. It is subject to move up or down with the market. We put a cap-not-to-exceed price in effect for upside protection on the market, for no extra charge.

Here’s how your budget is calculated:

  • Your budget is calculated at $0.15 per gallon over the current retail market propane price.
  • The budget is divided into 11 payment periods, due the 10th of each month, beginning in June, and designed to have a zero balance at the end of the agreement. Budgets currently run from June 1 through April 30. New customers may enter the program mid-year.
  • If Lakes Gas reviews a budget account and determines the monthly payment is not enough or too much for the gas usage, the company will, at its discretion, adjust the budget amount accordingly. If a budget customer fails to make monthly payments, Lakes Gas reserves the right to terminate the budget plan.
  • Any remaining credits at the end of the year can be rolled over into next year’s agreement or refunded to the customer.

To review the full details of any of our payment programs, please contact us. One of our expert sales representatives will be happy to assist you.