Fuel Oil News

Fuel Oil News October 2011

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

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C A NA D I A N O I L H E AT I ND U S TRY very positive about our program and no reason why they wouldn't be," he said. Every time an older, single-walled tank is replaced, Noonan said, "It's just one less spill they might have to deal with. "Some of these [older] tanks are failing at seven, eight, nine years old and it's a black eye on our industry," Noonan observed. Some insurance companies are starting to charge surcharges for people that heat with oil, he said. "I know companies have refused people insurance that heat with oil," he said. "We met with all the major insurance companies here over the winter and all of them are very positive about this program, and so are the provincial governments, their departments of environment," Noonan said. "The number of tanks being changed under this pro- gram certainly exceeds what would normally be changed during the summer and fall months, which is when you do change tanks," Noonan said. "It's very well received. It's good for our industry, it's good for the insurance industry, it's good for the environment." Retire your Tank also fits nicely with the GreenTech program since homeowners' new tanks must be installed by a COHA GreenTech certified technician or by an installer recognized by the authority having jurisdiction who has attended tank installa- tion "Best Practices" training through COHA. "Best Practices of Fuel Oil Storage Installation Training" is designed to provide technicians with everything they need to Russell Noonan, current chairman of the Canadian Oil Heat Association (COHA), with Veronica Yu, president and chief executive officer of COHA know about the tank replacement incentive program, upgrade their skills and learn a systematic and comprehensive approach to loss prevention endorsed by the insurance industry. This includes methods of managing residential fuel oil tanks, pre-delivery, and routine and preventive maintenance. Administration of Retire your Tank is being handled by COHA. Completed paperwork is submitted to the COHA office and a check issued to the homeowner once the application has been approved. www.fueloilnews.com | FUEL OIL NEWS | OCTOBER 2011 21

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