Deal Spotlight
Growing a Heating Modernization Contracting Business
$
0
Million
Business booked
0
Projects completed
0
Tonnes
Lifetime GHG savings
The Contractor Profile
Dual Fuel Corp provides building owners in the greater New York City area energy-saving services, including oil to gas conversions and energy efficient HVAC and controls. Their high quality service gives customers increased comfort, reduced energy costs, and a smaller environmental footprint. They work across a range of building owners, including those who can self-finance projects and those who desire additional financial resources.
Projects Contracted
7
Total Business Booked
$1.7 Million
NYCEEC Loan
$1.5 Million
Lifetime Greenhouse Gas Savings
17,715 Tonnes
The Results
Dual Fuel tapped NYCEEC to provide cost effective financing to its customer base of building owners who were seeking energy-saving upgrades. NYCEEC’s rapid approval and loan process enabled Dual Fuel’s customers to capture incentives within a tight timeframe, before they expired. This reduced customer costs without impacting contractor revenues. Since NYCEEC goes beyond conventional lenders, our engineering resources team also worked with these building owners to identify additional measures and cost savings.