WESTCO Credit Terms:

This information sheet outlines our convenient credit terms. Please contact the Credit Department if you have any questions.

• Credit customers receive a monthly statement with a last day of the month cut-off date.
• Monthly statement balances are due in full by the last day of the following month. (i.e. the April statement balance sent as of April 30th is due by May 31st).
• Any unpaid statement balance is considered past due and generates a finance charge to account. The finance charge is computed at a rate of 1.33% per month, which is an annual rate of 16%. Minimum finance charge is $0.50. Once a finance charge has generated, an account may be temporarily suspended from charge privileges. Full balance payment must be received, and a new credit application may be required before the account will be considered for reinstatement of charge privileges.
• Propane and Bulk Fuel Delivery Policy (not applicable to scheduled routes).
  • Minimum delivery is 200 gallons
  • $50 leak test charge will be assessed if you have run out of propane. (The leak test must be performed prior to putting the system back in service due to federal regulations; therefore, customer must be present).
  • A minimum $50 service charge may be assessed if five business days notice is not given prior to delivery.
  • A $75 service charge will be assessed on after-hours and weekend delivery requests.

Above amounts subject to change without prior notice.

 

Thank you for your interest in Western Cooperative Company. We look forward to a long business relationship with you.