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Friday, September 30, 2022

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Offer Customers the Financing They Prefer

Full-service fuel marketers need to offer customers good options for financing purchases of heating and cooling equipment, or they risk losing sales, according to a prominent energy efficiency financing expert.
Full-service fuel marketers need to offer customers good options for financing purchases of heating and cooling equipment, or they risk losing sales, according to a prominent… https://oilandenergyonline.com/articles/all/offer-customers-financing-they-prefer/

NEFI, Powderhorn Develop Affinity Program

NEFI ProGuard Plus provides broad range of home warranty products
NEFI ProGuard Plus provides broad range of home warranty products New England Fuel Institute member companies will soon be able to offer customers warranty protection on home… https://oilandenergyonline.com/articles/all/nefi-powderhorn-develop-affinity-program/

Cheap Gas is Not Going Away, Now What?

The price advantage that pipeline gas currently holds over oilheat and propane is substantial. In many cases, a home can be heated by gas at half the price of oil or propane. It may be several years before the market returns to any sort of pricing parity.
The price advantage that pipeline gas currently holds over oilheat and propane is substantial. In many cases, a home can be heated by gas at half the price of oil or propane. It… https://oilandenergyonline.com/articles/all/cheap-gas-not-going-away-now-what/

Choosing the Best Customers

Growing the customer list – a retail energy company’s most valuable asset – is the most important task facing the owner or manager of any oilheat or propane business. More customers mean more revenue, which leads to higher profits. It is a simple equation…
Growing the customer list – a retail energy company’s most valuable asset – is the most important task facing the owner or manager of any oilheat or propane business. More… https://oilandenergyonline.com/articles/all/choosing-best-customers/

Managing Risk Means Managing People

Reducing risk in a fuel delivery operation – and insurance premiums – means paying attention to a lot of different details.
Reducing risk in a fuel delivery operation – and insurance premiums – means paying attention to a lot of different details. Oil & Energy recently caught up with Bill Braley,… https://oilandenergyonline.com/articles/all/managing-risk-means-managing-people/

NEFI and MEMA Announce Private Association Health Insurance and Employee Benefits Marketplace

The New England Fuel Institute (NEFI) is pleased to announce that it has contracted with national employee benefit consulting firm gbac, inc. of North Haven, Conn., to launch a private health insurance and employee benefits marketplace for its members in …
The New England Fuel Institute (NEFI) is pleased to announce that it has contracted with national employee benefit consulting firm gbac, inc. of North Haven, Conn., to launch a… https://oilandenergyonline.com/articles/all/nefi-and-mema-announce-private-association-health-insurance-and-employee-benefits-marketplace/

Don’t Fall Victim to Identity Theft

Like individuals, businesses can be exposed to serious financial problems
Like individuals, businesses can be exposed to serious financial problems   Identity theft is a very real and growing danger to the financial well being of thousands of… https://oilandenergyonline.com/articles/all/dont-fall-victim-identity-theft/

Defined Contribution Adds Flexibility for Employers, Employees

The concept of Defined Contribution (“DC”) has been utilized for years in cafeteria and 401(k)/retirement offerings. Defined Contribution or DC is a dynamic change to the manner in which employee benefits, specifically health insurance, will be offered as…
EDITOR’S NOTE: The following article is adapted from the Connecticut Energy Marketers Association CEMA Pipeline newsletter with the permission of the Association and GBAC. The… https://oilandenergyonline.com/articles/all/defined-contribution-adds-flexibility-employers-employees/

How to Determine Company Requirements Under ACA

How does the Affordable Care Act (“ACA”) apply to seasonal employees that you retain from year to year?
EDITOR’S NOTE: The following article is adapted from the Connecticut Energy Marketers Association CEMA Pipeline newsletter with the permission of the Association and GBAC. Many… https://oilandenergyonline.com/articles/all/how-determine-company-requirements-under-aca/

Marketers Come to Terms With Obamacare Requirements

Regional heating and energy associations provide assistance for members to meet Affordable Care Act (ACA) requirements.
ALTHOUGH THE FEDERAL IMPLEMENTATION OF the Affordable Care Act (ACA) has been a struggle, company owners are not excused from their obligations under the law, and many are… https://oilandenergyonline.com/articles/all/marketers-come-terms-obamacare-requirements/

Nurture Your Workforce

What are some of the key company paybacks for investing in employees and employee relations?
What are some of the key company paybacks for investing in employees and employee relations? The companies in your audience pretty much sell the same products as their… https://oilandenergyonline.com/articles/all/nurture-your-workforce/

How Much Should You Pay a Salesperson?

Maintaining a steady flow of new oilheat or propane customers, along with equipment sales and service, is the lifeblood of any retail energy company. Unless you have the time to spend seeking out prospects and following up sales leads, having a sales staf…
Maintaining a steady flow of new oilheat or propane customers, along with equipment sales and service, is the lifeblood of any retail energy company. Unless you have the time to… https://oilandenergyonline.com/articles/all/how-much-should-you-pay-salesperson/

Revamp Your Receivables

AROUND FOUR YEARS AGO, SOS XTREME Comfort, of Tuxedo Park, N.Y., decided to partner with AVATAS Payment Solutions, of Newton, Mass., to gain assistance in their receivables process. Like many heating fuels companies, SOS had grown into the habit of extend…
AROUND FOUR YEARS AGO, SOS XTREME Comfort, of Tuxedo Park, N.Y., decided to partner with AVATAS Payment Solutions, of Newton, Mass., to gain assistance in their receivables… https://oilandenergyonline.com/articles/all/revamp-your-receivables/

NTSB Demands Audit of FMCSA

Schadenfruede. That’s not a typo — it’s a (long) German word that means taking pleasure at the misfortune of others. There are going to be plenty of motor carriers feeling that way this month, as the National Transportation Safety Board has laid a broadsi…
Schadenfruede. That’s not a typo — it’s a (long) German word that means taking pleasure at the misfortune of others. There are going to be plenty of motor carriers feeling that… https://oilandenergyonline.com/articles/all/ntsb-demands-audit-fmcsa/

Regulators Rule on Conn. Natural Gas Expansion

Energy marketers in Connecticut face a long, tough battle with the natural gas utilities after state regulators gave their preliminary approval to a plan to grow the state’s natural gas customer base. Chris Herb, President of the Connecticut Energy Mar…
Energy marketers in Connecticut face a long, tough battle with the natural gas utilities after state regulators gave their preliminary approval to a plan to grow the state’s… https://oilandenergyonline.com/articles/all/regulators-rule-conn-natural-gas-expansion/

New SMS Requirements Are Just Common Sense

THE FEDERAL COMMUNICATIONS COMMISSION’S (FCC’s) new rules on business-to- customer text messaging might send a chill up your spine, but compliance is easier than you might think.
THE FEDERAL COMMUNICATIONS COMMISSION’S (FCC’s) new rules on business-to- customer text messaging might send a chill up your spine, but compliance is easier than you might… https://oilandenergyonline.com/articles/all/new-sms-requirements-are-just-common-sense/

Make Your Numbers Count

Does it feel like the margin for error in your business keeps getting smaller? If so, you’re not alone.
Does it feel like the margin for error in your business keeps getting smaller? If so, you’re not alone. The world we knew even 10 years ago is gone. In its place, we wake up every… https://oilandenergyonline.com/articles/all/make-your-numbers-count/

Credit Card Surcharging Now Permitted

Have you ever been into a store with a sign reading “cash only” or “$10 minimum on credit card transactions”? This is most likely due to the fact that businesses accepting credit cards pay a percentage of every transaction to the credit card companies for…
Have you ever been into a store with a sign reading “cash only” or “$10 minimum on credit card transactions”? This is most likely due to the fact that businesses accepting… https://oilandenergyonline.com/articles/all/credit-card-surcharging-now-permitted/

Hedge Insite Helps Fuel Marketers See Ahead

Hedge Insite is a risk management tool that helps fuel marketers peer into the future and evaluate their hedging positions and improve profitability. Oil & Energy recently caught up with Hedge Insite’s managing partner Richard Larkin to learn more about t…
Hedge Insite is a risk management tool that helps fuel marketers peer into the future and evaluate their hedging positions and improve profitability. Oil & Energy recently… https://oilandenergyonline.com/articles/all/hedge-insite-helps-fuel-marketers-see-ahead/

Five Reasons to Work With a Financial Advisor

Old habits die hard.” For better or worse, this well-worn phrase applies to many who operate in the fuel distribution industry. Certain habits have helped dealers run consistently efficient operations and maintain a solid customer base despite increased c…
Old habits die hard.” For better or worse, this well-worn phrase applies to many who operate in the fuel distribution industry. Certain habits have helped dealers run consistently… https://oilandenergyonline.com/articles/all/five-reasons-work-financial-advisor/

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