Paraco Gas Corporation
- Company typePrivate
- Founded1968
- HeadquartersNyack, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
Paraco Gas Corporation firmographics
Firmographics- Name
- Paraco Gas Corporation
- Legal name
- Paraco Gas Corporation
- Website
- https://paracogas.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Paraco Gas Corporation industry classification
Industry- Product category
- Propane Distribution
- NAICS
- Fuel Dealers (457210)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Bulk Fuel, Propane & Energy Supply for Farms (Retailer-Operated) (AFABAJAL)
Keywords
Where Paraco Gas Corporation is headquartered
LocationHeadquarters
- HQ city
- Nyack
- HQ country
- United States
- HQ region
- North America
Offices25 records
Markets served
Paraco Gas Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Propane Delivery: Core revenue from propane delivery to residential and commercial customers. Usage-based model where customers pay for propane consumed, with pricing based on market rates and annual consumption volume. Volume discounts available for higher usage customers.
- Service Contracts: Annual service contracts providing peace of mind with priority service calls, discounted repairs, and covered parts. Plans include LP Basic Plan ($179.95/year), LP Max Plan ($229.95/year), LP Tank-Style Water Heater Plans ($149.95/unit), LP Fireplace Plan ($129.95), LP Pool Heater Plan ($229.95), and Tank Assure Plans ($199.95).
- Tank Lease Fees: Monthly or periodic fees for leasing propane tanks installed at customer locations. Fee offset covers high cost of purchasing, maintaining and replacing equipment.
- ECC (Safety and Maintenance) Charges: Separate charges for insurance, Hazmat registration, HUT permits, Auto Fuel Carrier permits, IFTA permits, and local licenses to ensure safety compliance.
- BBQ Tank Exchange: Propane cylinder exchange and refill services at retail partner locations. Paraco exchanges over 2 million BBQ tanks per year.
- Business Acquisitions: Revenue generated through acquiring and integrating propane companies, expanding customer base and geographic footprint.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Smart Pay Budget Billing - spreads annual propane costs over 10 monthly payments |
| Subscription | Annual | LP Basic Plan - annual service contract with priority service and 15% off repairs |
| Subscription | Annual | LP Max Plan - comprehensive coverage with inclusive parts list |
| Subscription | Annual | LP Tank-Style Water Heater Plans - parts coverage for water heaters |
| Subscription | Annual | LP Fireplace Plan - annual fireplace maintenance and repair coverage |
| Subscription | Annual | LP Pool Heater Plan - annual pool heater coverage |
| Subscription | Annual | Tank Assure Plan - Underground Tanks - cathodic protection and leak testing |
| Subscription | Monthly | Partner Perks Program - employee discount for commercial customers |
| Other | One time/ perpetual license | Refer a Friend Program - residential referral rewards |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Paraco Gas Corporation product offering
Product offeringCore offering
Paraco Gas Corporation delivers and distributes propane to residential and commercial customers across the Northeast United States from 27 distribution locations. Its core services include automatic propane delivery, will-call delivery, tank installation, BBQ tank exchange, autogas fleet fueling, and forklift fueling, complemented by annual service contracts, budget billing, tank leasing, and online account management.
Product overview
Paraco Gas Corporation offers a comprehensive propane distribution and service platform serving residential and commercial customers across the Northeast United States. The core offering consists of Residential Propane Services (home heating, appliances, pool heating, outdoor living, generators, BBQ exchange) and Commercial Propane Services (forklifts, restaurants, construction, autogas, agricultural). These core services are supported by add-on modules including Service Contracts (various protection plans), Budget Billing Plan (Smart Pay for predictable payments), Auto Delivery (automatic refills), Tank Butler real-time monitoring, Refer a Friend and Partner Perks programs, Propane Finder exchange locator, Business Acquisitions program, and Tank Installation services. The company also offers a Text to Pay/Text to Order feature and an online My Account portal for customer self-service.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Propane Services Propane delivery and service for homeowners across the Northeast, covering home heating, cooking, grilling, swimming pool heating, water heating, clothes drying, generators, outdoor living spaces, fireplaces, and BBQ tank exchange.
- Commercial Propane Services Propane solutions for businesses including bulk propane delivery, forklift fuel, restaurant services, construction projects, autogas fleet solutions, cylinder exchange, and agricultural and industrial applications.
- Propane Service Contracts Annual paid service contracts providing peace of mind with priority service calls, free annual safety inspections, discounted repairs, covered parts, and equipment-specific maintenance for water heaters, fireplaces, pool heaters, and underground/above-ground tanks.
- Tank Sizes & Installation Professional propane tank installation service providing aboveground and underground tanks in sizes from 56 to 1000 gallons, with permit acquisition and code-compliant installation for residential and commercial customers.
Quantifiable outcome
- Propane forklifts reduce energy costs compared to electric or diesel alternatives
- +3 more outcomes
Companies that use Paraco Gas Corporation
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Paraco Gas Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Paraco Gas Corporation partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Kosco-HeritagenergycoreStrategic partnership between Kingston Oil Supply Corp (Kosco) and Heritagenergy, now KoscoHeritage, formed in July 2017 alongside Paraco's acquisition of Island Propane and Bay Gas.
- Gateway PropaneminorJoint venture with Gateway Propane servicing the Greater St. Louis metro area, entered into in August 2014.
- North Carolina Propane ExchangeminorJoint venture with North Carolina Propane Exchange servicing the Greater Charlotte, NC metro area, entered in 2015.
- Atlanta Propane ExchangeminorJoint venture with Georgia-based Atlanta Propane Exchange for motor fuel and exchange operations, expanding Paraco's territory in motor fuel and exchange programs.
- Florida Lift GasminorJoint venture with Florida-based company for lift truck/forklift propane exchange, adding approximately 3,000,000 retail gallons combined total.
- Tri-State Propane ExchangeminorJoint venture with Illinois-based company for propane exchange operations, part of combined 3,000,000 retail gallon transaction.
Scale indicators7 records
Recent moves14 records
Expansion highlights5 records
Paraco Gas Corporation competitors and assessment
Company assessmentDirect peers
- AmeriGas Propane (UGI Corporation subsidiary): Largest US propane retailer with ~2M customers across all 50 states. Paraco has actually acquired AmeriGas customer books in Brewster NY, Long Island, New Hyde Park, and Catskill, indicating direct head-to-head competition in the Northeast. Closest direct peer by product, customer, and model.
- Suburban Propane Partners: Publicly traded propane retailer with national footprint. Paraco acquired Suburban Propane's Long Island operation in 1985, evidencing direct competition. Closely comparable business model: residential/commercial propane delivery, tank ownership, and recurring service revenue.
- Ferrellgas Partners: Publicly traded propane retailer serving residential, commercial, and agricultural customers nationwide. Same product offering and customer base as Paraco; Ferrellgas is a top-tier national competitor with similar M&A roll-up history.
- Blossman Gas: Privately held propane distributor serving the Southeast and Mid-Atlantic US. Closely comparable model: residential and commercial propane delivery with route-based service, recurring tank monitoring, and acquisition-led growth.
- ThompsonGas: Family-owned propane retailer operating across the Mid-Atlantic and Southeast. Similar size tier and family-led model to Paraco; comparable focus on residential delivery, tank leasing, and acquisition-driven expansion.
- Kosco-Heritagenergy (KoscoHeritage): Paraco's joint venture partner formed in 2017 between Kingston Oil Supply Corp and Heritagenergy. Operates propane distribution with overlapping products (residential heating, fuel oil) and shared strategic interests. Comparable business model in the same industry.
Broad incumbents
- Heritage Propane (CHS Inc.): Heritage Propane was acquired by CHS Inc., the largest US agribusiness cooperative. Operates a national propane distribution network comparable to Paraco's residential/commercial delivery model, but as part of a much broader energy and agribusiness portfolio.
Regional players
- Lakes Gas: Regional propane distributor serving the Upper Midwest. Comparable product offering (residential/commercial propane delivery, autogas, tank exchange) but operates in a different geography. Paraco's COO Christina Armentano sits on Lakes Gas' board, indicating strategic adjacency.
- Bottini Fuel: Family-owned Hudson Valley NY propane and fuel oil dealer. Direct overlap with Paraco's core Northeast territory in residential propane delivery. Comparable size tier and family-run operating model.
- Eastern Propane Gas: Regional propane retailer serving the Northeast. Comparable business model focused on residential and commercial propane delivery in a geography that overlaps Paraco's core markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Paraco Gas Corporation social profiles
Digital presenceParaco Gas Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paraco Gas Corporation leadership team
Management profileNumber of profiles
Profiles5 records
Paraco Gas Corporation subsidiaries and ownership
Company hierarchySubsidiaries14 records
Paraco Gas Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paraco Gas Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paraco Gas Corporation
What does Paraco Gas Corporation do?
Paraco Gas Corporation delivers and distributes propane to residential and commercial customers across the Northeast United States from 27 distribution locations. Its core services include automatic propane delivery, will-call delivery, tank installation, BBQ tank exchange, autogas fleet fueling, and forklift fueling, complemented by annual service contracts, budget billing, tank leasing, and online account management.
Is Paraco Gas Corporation a public or private company?
Paraco Gas Corporation is a private company. It is classified as family owned and is currently operating.
When was Paraco Gas Corporation founded?
Paraco Gas Corporation was founded in 1968. It employs 251 to 500 people.
Where is Paraco Gas Corporation based?
Paraco Gas Corporation is headquartered in Nyack, United States, in the North America region.
How does Paraco Gas Corporation make money?
Six revenue lines are on record. Propane Delivery is the primary driver. The others are service Contracts, tank Lease Fees, ECC (Safety and Maintenance) Charges, BBQ Tank Exchange and business Acquisitions.
Who are Paraco Gas Corporation's main competitors?
Direct peers on record are AmeriGas Propane (UGI Corporation subsidiary), Suburban Propane Partners, Ferrellgas Partners, Blossman Gas, ThompsonGas and Kosco-Heritagenergy (KoscoHeritage). Heritage Propane (CHS Inc.) is listed as a broad incumbent. Regional players are Lakes Gas, Bottini Fuel and Eastern Propane Gas.
Does Paraco Gas Corporation have an API?
No public API is recorded for Paraco Gas Corporation.
What industry is Paraco Gas Corporation in?
Paraco Gas Corporation's product category is Propane Distribution. Its primary akta.pro industry code is AFABAJAL, Bulk Fuel, Propane & Energy Supply for Farms (Retailer-Operated). Its NAICS code is 457210 and its SIC code is 5171.