AN ACT CONCERNING REFUNDS FOR UNUSED HEATING FUEL.
What changed between versions
Title and subject matter changed from 'propane' to 'heating fuel' to apply to all heating fuel types.
Added mandatory written contract requirements with specific terms, fees, and conditions for all heating fuel dealers.
Established maximum contract term limits of 36 months for above-ground tanks and 5 years for underground tanks.
Required dealers to offer consumers an option to enter into 18-month contracts and prohibited contract terms longer than 36 months for above-ground tanks.
Mandated refund calculations based on the lesser of purchase price or market price for unused heating fuel upon contract termination.
Added consumer option to purchase tanks at commercially reasonable prices during contract term for both underground and above-ground tanks.
Required clear and conspicuous initialing of statements regarding tank purchase options and non-compete restrictions.
Specified that liquidated damages cannot exceed actual damages caused by consumer breach of contract.
Added requirement for dealers to remove tanks within 30 days after service discontinuation.
Changed terminology from 'propane retailer' to 'heating fuel dealer' throughout the act.