New Hampshire HB1262 regulates home heating oil and propane contracts and sales, ensuring transparency and consumer protection.

New Hampshire HB1262 amends existing laws to enhance consumer protection in home heating oil and propane contracts and sales. It mandates that contracts be in writing, clearly disclosing terms, conditions, and fees. Dealers must secure prepaid contracts through methods like futures contracts, surety bonds, or liquid product inventory. The bill prohibits dealers from charging fees for tank removal if the tank has been on the consumer's premises for less than 24 months. It also requires dealers to provide consumers with options for reimbursement or transfer of ownership for dealer-owned tanks.

New Hampshire HB1262 regulates home heating oil and propane contracts and sales, ensuring transparency and consumer protection.

New Hampshire HB1262 amends existing laws to enhance consumer protection in home heating oil and propane contracts and sales. It mandates that contracts be in writing, clearly disclosing terms, conditions, and fees. Dealers must secure prepaid contracts through methods like futures contracts, surety bonds, or liquid product inventory. The bill prohibits dealers from charging fees for tank removal if the tank has been on the consumer's premises for less than 24 months. It also requires dealers to provide consumers with options for reimbursement or transfer of ownership for dealer-owned tanks.