Approved Oil ____________________________________________________________________________________________________
“ We strive to take the complexity out of energy management , allowing customers to focus on what matters most to them ; whether it ’ s keeping the home comfortable , fueling a business , or driving sustainable change , we offer a seamless energy journey with choices that contribute to a cleaner , greener future . Our range of products and services includes 24 / 7 support for residential and commercial clientele ’ s Bioheat ® fuels , domestic hot water equipment , design and build services , compliance correction , energy procurement , advisement , and wholesale services .”
Turning to the company ’ s diversification , Vincent explains : “ Approved ventured into the wholesale side of the business in 2014 , with the primary goal of meeting in-house retail demands . Our solid reputation within the industry , coupled with strong relationships with numerous heating oil dealers not only solidified our wholesale position , but also confirmed Approved as a prominent supplier in New York . “ Since its inception , the wholesale division has experienced remarkable growth , expanding its footprint across three states , and now operating from six terminals . On average , the sales distribution between wholesale and retail has leaned towards wholesale , with around 65 percent of our total sales coming from thatmarket , while retail accounts for the remaining 35 percent .”
The energy trilemma
It ’ s no secret that the energy industry has seen momentous change in recent years as the globe addresses the energy trilemma ; the need to balance reliability , affordability , and sustainability . “ With the ever-evolving regulatory landscape facing the industry , especially regarding sustainable energy and compliance , our ability to adapt to new demands has been key to our success ,” Vincent reflects . “ The residential and commercial heating oil and biofuel markets have been shrinking in the tristate area for some time now , and while they are still vital parts of the community , adding a suite of energy , mechanical , and compliance services to our portfolio has been crucial to ensuring long-term success .
“ Our focus has shifted from enquiring into the energy procurement needs of a client to establishing if they are aware and
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