Broco Energy
Broco Energy is a veteran-owned, Haverhill, Massachusetts-based fuel distributor delivering heating oil, propane, biofuels, and HVAC services to residential, commercial, and government customers across New England, operating a 35-truck fleet and the largest rail-served biodiesel terminal in the Northeast.
- Company typePrivate
- Founded2007
- HeadquartersHaverhill, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Broco Energy does
Broco Energy is a privately held, veteran- and family-owned fuel distribution and energy services company headquartered in Haverhill, Massachusetts. Founded in 2007 by Robert (Bobby) Brown, a U.S. Navy Seabee veteran and local fire captain, the company delivers heating oil, propane, biodiesel blends (Bioheat®), renewable diesel, and complementary commercial fuels (marine fuel, on-site fueling, lubricants, DEF) to residential, commercial, municipal, and federal customers across New England. The company also operates HVAC installation and repair services, oil and propane tank services, and a transloading facility anchored by a 500,000-gallon storage terminal with 45 railcar staging tracks — described as the largest rail-served biodiesel terminal in the Northeast.
The company's technology stack is operational rather than software-based: it centers on bulk fuel logistics infrastructure (rail-to-truck transloading, 35-truck delivery fleet, 24/7 live dispatch) and proprietary fuel blending capabilities (Bioheat® ultra-low sulfur heating oil with 5-20% biodiesel blends, and renewable diesel supply). Its go-to-market combines direct-to-consumer residential delivery (via online ordering portal myfuelaccount.com and automatic delivery subscriptions) with enterprise field sales to commercial and government accounts, where it holds GSA Schedule, SAM, FEMA, SDVOSB, and DBE certifications. Revenue is generated through volume-based unit pricing on fuel sales (e.g., $3.999-$4.099 per gallon heating oil), subscription-style automatic delivery, HVAC service fees, transloading fees, and multi-year managed government contracts — including a $54 million three-year Department of Defense contract for VA medical facilities in New England and a new three-year City of Boston heating oil contract effective July 2026. The company reports an annual delivery volume of 12 million gallons across all operations.
Broco Energy firmographics
Firmographics- Name
- Broco Energy
- Legal name
- Broco Energy
- Website
- https://brocoenergy.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Broco Energy is a veteran-owned, Haverhill, Massachusetts-based fuel distributor delivering heating oil, propane, biofuels, and HVAC services to residential, commercial, and government customers across New England, operating a 35-truck fleet and the largest rail-served biodiesel terminal in the Northeast.
- Ownership category
- akta.pro rank
Broco Energy industry classification
Industry- Product category
- Fuel Distribution and HVAC Services
- NAICS
- Petroleum and Coal Products Manufacturing (324)
- SIC
- Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending) (EUALAEAJ)
- akta.pro secondary industry
- Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD)
Keywords
Where Broco Energy is headquartered
LocationHeadquarters
- HQ city
- Haverhill
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Broco Energy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Fuel Delivery Services: Core revenue stream from delivering heating oil, propane, diesel, and biofuels to residential, commercial, and municipal customers. Includes automatic delivery subscriptions and will-call orders. The company delivers 12 million gallons annually.
- Commercial/Bulk Fuel: High-volume commercial fuel delivery including marine fuel, on-site mobile fueling, lubricants, DEF, and transloading services for construction, transportation, municipalities, utilities, and property management across New England.
- HVAC Services: Heating and cooling equipment installation, repair, and maintenance services including boilers, furnaces, ductless mini-splits, and indoor air quality solutions for residential customers.
- Government Contracts: Federal, state, and municipal fuel supply contracts including a $54 million three-year Department of Defense contract for VA medical facilities in New England, and three-year City of Boston heating oil contract effective July 1, 2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Heating Oil Volume-Based Pricing |
| Unit Pricing | Pay-as-you-go | Community Service Discounts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Broco Energy product offering
Product offeringCore offering
Broco Energy delivers heating oil, propane, Bioheat, marine fuel, on-site fuel, lubricants and DEF to residential, commercial, and government customers across New England. The company also sells, installs, and services heating, air conditioning, and indoor air quality equipment, and provides oil and propane tank services. It operates the largest rail-served biodiesel terminal on the East Coast and offers a Priority 1 24/7 emergency fuel response program.
Product overview
Broco Energy is a veteran-owned energy company offering a diversified portfolio of fuel and HVAC services across New England. The core product offering centers on residential and commercial fuel delivery — specifically Heating Oil and Propane — which serve as the primary revenue drivers. Supporting these are specialized commercial fuel services including Marine Fuel delivery, On Site Fuel (mobile fueling), Lubricants & DEF, and Transloading (rail-to-truck bulk transfers). The HVAC division complements the fuel business with Heating Installation & Repair, Air Conditioning Services, and Indoor Air Quality Services. Additional service modules include Oil Tank and Propane Tank installation/maintenance, Budget & Pre-Buy Payment Plans, Priority 1 Emergency Fuel Services for disaster response, and Government Contractor Services for federal/state/municipal agencies. The company operates a fleet of 35 trucks delivering 12 million gallons annually, with transloading facilities offering 500,000-gallon storage capacity and rail access.
Differentiator
Problem solved
Functional benefit
Brands
- Priority 1 Emergency Response: Broco Energy's specialized emergency fuel services and disaster relief team operating 24/7 nationwide.
- Bee Comfortable Service Plans
Products and services
- Heating Oil Delivery Bulk home heating oil delivered to residential and commercial customers across New England, including automatic delivery, will-call, and emergency options.
- Propane Delivery Bulk propane delivery for home heating, commercial use, and appliances across New England.
- Bioheat Fuel
- Marine Fuel
Quantifiable outcome
- 12 million gallons delivered annually across commercial and municipal operations
- +3 more outcomes
Companies that use Broco Energy
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Broco Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Broco Energy partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- City of BostoncoreBroco Energy selected as City of Boston's official heating oil provider under a three-year contract starting July 1, 2026. The contract represents a significant municipal contract reflecting confidence in the company's reliability and operational capabilities for serving public facilities.
- Massport (Massachusetts Port Authority)coreBroco Energy secured New England's first renewable diesel supply contract with Massport beginning December 1, 2025. The one-year, 1.2 million gallon contract involves supplying renewable diesel for various Massport operations, supporting regional clean-energy initiatives. Broco was notably the first fuel supplier to deliver renewable diesel to Massport for their transition to cleaner-burning fuel.
- Department of Defense / VA Medical FacilitiescoreBroco Energy provides ground fuels of petroleum products for all VA medical facilities in New England and the tristate area under a three-year, $54 million contract. Services include heating oil, gasoline, and diesel fuel for essential facility applications.
- Massachusetts Emergency Management Agency (MEMA)coreBroco Energy serves as the emergency fuel supplier for MEMA, assisting in fulfilling its mission of serving the residential and commercial heating marketplace. Supports delivery of heating oil, Bioheat® fuel, propane, and other fuels representing approximately 70% of the residential and commercial fuel used statewide.
- Cities of Cambridge and NewtoncoreBroco Energy serves as the official biodiesel provider for the cities of Cambridge and Newton, supporting municipal clean energy initiatives.
- Massachusetts Energy Marketers AssociationcoreBroco Energy serves as the contracted emergency fuel provider for the Massachusetts Energy Marketers Association, positioning the company as a key partner in statewide emergency energy response.
- Champion SSCminorBroco Energy provided commercial propane services for Champion SSC on the MWRA Deer Island Project in Winthrop, MA, delivering reliable fuel solutions for this high-demand commercial and industrial project.
- Gaines OilminorPartnership with Gaines Oil for Hurricane Florence response in the Carolinas, serving utility and power companies to fuel power plants and mobilize workers to restore power.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Broco Energy competitors and assessment
Company assessmentDirect peers
- Dead River Company: Maine-based family-owned fuel distributor delivering heating oil, propane, and HVAC services across northern New England. Closest direct competitor to Broco in product mix, geography, and family/veteran-led operating model.
- Sprague Operating Resources: Northeast petroleum and energy products distributor with marine fuel, commercial delivery, transloading, and terminal operations. Comparable in commercial fuel and terminal services, with overlapping government and industrial customer base.
- Star Group LP: Residential and commercial heating oil and propane distributor with a strong Northeast installed base. Directly comparable in residential fuel delivery model, automatic delivery programs, and HVAC service offerings.
- Hocon Gas: Connecticut-based propane and heating oil distributor serving residential and commercial customers in southern New England. Comparable regional fuel delivery model with similar product mix to Broco's residential and light commercial book.
- Tevis Energy: Pennsylvania-based family-owned fuel distributor delivering heating oil and propane to residential and commercial customers. Similar regional, multi-generational operator model competing for the same customer use cases as Broco in the Northeast corridor.
Broad incumbents
- Global Partners LP: Large publicly traded Northeast fuel distributor and terminal operator with heating oil, propane, marine, and renewable fuel offerings. Overlaps with Broco across commercial fuel, terminals, and transloading but at materially larger scale and broader footprint.
- Irving Oil: Privately held, Canada-based integrated energy company with refining, marine fuel, and commercial fuel distribution across New England. A regional incumbent in the commercial and marine fuel segments where Broco operates with marine and on-site fueling.
- Suburban Propane Partners: Nation's largest retail propane distributor serving residential, commercial, and agricultural customers nationwide. Broad incumbent in the residential propane segment where Broco operates in MA and NH.
- Ferrellgas Partners: National propane distribution company serving residential, commercial, agricultural, and industrial customers across all 50 states. Overlaps with Broco in residential and small commercial propane delivery at a much larger scale.
- Pilot Flying J: Large North American travel center and fuel logistics operator with terminal, fleet, and emergency fuel response capabilities. Comparable infrastructure footprint (terminals, fleet, multi-region fueling) but with an adjacent rather than head-to-head customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Broco Energy social profiles
Digital presenceBroco Energy compliance and trust
Trust signalCompliance7 records
Broco Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Broco Energy leadership team
Management profileNumber of profiles
Profiles2 records
Broco Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Broco Energy 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 Broco Energy
What does Broco Energy do?
Broco Energy delivers heating oil, propane, Bioheat, marine fuel, on-site fuel, lubricants and DEF to residential, commercial, and government customers across New England. The company also sells, installs, and services heating, air conditioning, and indoor air quality equipment, and provides oil and propane tank services. It operates the largest rail-served biodiesel terminal on the East Coast and offers a Priority 1 24/7 emergency fuel response program.
Is Broco Energy a public or private company?
Broco Energy is a private company. It is classified as family owned and is currently operating.
When was Broco Energy founded?
Broco Energy was founded in 2007. It employs 11 to 50 people.
Where is Broco Energy based?
Broco Energy is headquartered in Haverhill, United States, in the North America region.
How does Broco Energy make money?
Four revenue lines are on record. Fuel Delivery Services are the primary driver. The others are commercial/Bulk Fuel, HVAC Services and government Contracts.
Who are Broco Energy's main competitors?
Direct peers on record are Dead River Company, Sprague Operating Resources, Star Group LP, Hocon Gas and Tevis Energy. Broad incumbents are Global Partners LP, Irving Oil, Suburban Propane Partners, Ferrellgas Partners and Pilot Flying J.
Does Broco Energy have an API?
No public API is recorded for Broco Energy.
What industry is Broco Energy in?
Broco Energy's product category is Fuel Distribution and HVAC Services. Its primary akta.pro industry code is EUALAEAJ, Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending), with a secondary code of EUABAJAD, Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass). Its NAICS code is 324 and its SIC code is 5171.