Fuel Oil News

Fuel Oil News - September, 2016

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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46 SEPTEMBER 2016 | FUEL OIL NEWS | www.fueloilnews.com HVAC/HYDRONICS NEWS CLEANFUND, SOLIGENT, AIM TO HELP SOLAR INSTALLERS TARGET COMMERCIAL BUILDING MARKET CleanFund, a direct provider of long-term PACE financing for renewable energy, energy efficiency, water conservation and seismic improvements to commer- cial properties in the U.S., and Soligent, a B-to-B pure play distributor of solar system products in the U.S., have entered a partnership to help solar equipment dealers sell more solar energy systems to commercial building owners. As par t of the effor t, CleanFund (www.CleanFund.com) has entered into an agreement with Solar Engine (www. SolarEngineSolutions.com), a Soligent entity, to finance the purchase and installa- tion of solar panel systems for commercial, multifamily, nonprofit and other nonresi- dential buildings in the U.S. Dealers and installers who are members of the Soligent network can now access CleanFund's SolarPACE financing programs for their prospects and customers to drive growth in sales of solar systems. The CleanFund/Soligent partnership follows the Obama Administration's ex pre s s e d su pp or t for PAC E a s a n effective mechanism to finance energy efficiency and renewable energy improve- ments to buildings. "Our new partnership program with CleanFund can greatly help solar dealers grow commercial solar systems sales by making cost-effective financing readily available to property owners," said Jeremy Doochin, vice president of business devel- opment at Soligent. CleanFund's SolarPACE program is designed specifically for solar project financing and enables commercial prop- erty owners to achieve immediate positive cash flow, with a financing term of up to 30 years to match the expected life of solar PV systems. "Our capital will help Soligent dealers close more commercial sales," said Brandon Deno, vice president of Solar at CleanFund. NORTH SHORE OIL HEAT ASSOCIATION LINING UP SPEAKERS North Shore Oil Heat Association meets on the third Tuesday of each month at Angelica's Restaurant in Middleton, Mass., at 6:30 p.m. The organization conducts education on hazmat regula- tions, oil burner codes and discusses new products in the heating equipment line. It also discusses problems encountered in the field. Each month, beginning in September, a speaker talks to the group. To become a member contact board member and trea- surer Ken Reardon at kbr117@Verizon.net ( 978) 729-3102 or Mariel Stocker, secre- tary, at Stocker Oil (978) 535-5180. On June 1, 2016, Mark Nelson, area manager for Riello, offered the Association a class on Riello burners and provided lunch for the participants at its Hingham, Mass., facility. The association rented a van and 13 members made the trip to attend. The attendees were: Jim Blake, Eric Pelletier, Adam Baron and Ar t Redden from Eastern Propane and Oil, headquar- tered in Rochester, N.H.; Martin Flint from Stocker Oil, Topsfield, Mass.; Ken Mark Nelson of Riello teaching a burner class to members of the North Shore Oil Heat Association. PHOTO COURTESY OF NSOHA

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