Discounts, Incentives, Specials and Coupons
Check out our discounts, incentives, specials and coupons below:
- 0% Financing for Residential Home Boilers
- Free Efficiency Testing for New Customers
- 50-50 Referral Program
- Price Protection Programs
New York Clean Heating Fuel Tax Credit - Extended to 2023!
Because Approved Oil delivers clean, green Bioheat® fuel, our customers have the opportunity to claim the New York Clean Heating Fuel Tax Credit. To claim the credit, you must fill out and file Form IT-241 with your annual income taxes.
You are entitled to this refundable credit if:
- You or your business purchased Bioheat® fuel to be used for space heating or hot water production for residential purposes within New York State. Bioheat® fuel purchased on or after January 1, 2017, must contain at least 6% biodiesel per gallon of Bioheat® to qualify for the credit.
To find out exactly how much biodiesel is in your Bioheat® fuel, give us a call or contact us online. The percentage of biodiesel included in the Bioheat® fuel is the number or numbers preceded by the letter B in the Bioheat® fuel designation. For example, B10 Bioheat® fuel contains 10% biodiesel.
How much is the credit?
- The credit is equal to one cent for each percent of biodiesel per gallon of Bioheat® fuel purchased before January 1, 2023. It may not exceed 20 cents per gallon.
Example A: On February 1, 2016, you purchase 250 gallons of Bioheat® fuel to be used for residential heating purposes within New York State. The Bioheat® fuel contains 5% biodiesel (B5). The amount of credit allowed for this purchase is $12.50 ($0.05 X 250 gallons).
Example B: On February 1, 2017, you purchase 250 gallons of Bioheat® fuel to be used for residential heating purposes within New York State. The Bioheat® fuel contains 20% biodiesel (B20). The amount of credit allowed for this purchase is $50.00 ($0.20 X 250 gallons).
Customer E-mail Special!
To receive $10 off your next delivery, type in your e-mail address to be put on our mailing list and press "Sign Up!" You will be redirected to a page with a $10 coupon ... print it out and return it to Approved Oil by sending it with your next bill, or presenting it at your next fuel delivery!