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Reminder to consumers and fuel dealers about deadline in Maine law regarding pre-paid home heating contracts

from Department of Professional & Financial Regulation

Commissioner Anne L. Head from Maine's Department of Professional and Financial Regulation issued a reminder about the Oct. 31 annual report filing deadline for fuel dealers who registered earlier this year to offer pre-paid contracts this heating season. Intended to provide greater protections to consumers who use pre-paid home heating contracts, LD 1895, An Act To Protect Consumers by Strengthening the Laws Governing Prepaid Home Heating Oil Contracts, became Public Law, Chapter 574, in March of 2012. The new law responds to cases in recent years of dealers failing to supply fuel, leaving the consumers without oil and unable to recover their money. more

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