What Combined Energy Services does

Combined Energy Services (CES) is a family-owned propane gas and home heating oil distributor incorporated in New York, founded in 1968 as Taylor Oil by Walt and Patricia Taylor. Headquartered in Monticello, NY, the company delivers propane and fuel oil to residential, commercial, agricultural, and builder/contractor customers across 19 counties in the tri-state region of New York, New Jersey, and Pennsylvania, operating from five physical office locations (Monticello, Kerhonkson, West Nyack, New Hampton, Dingmans Ferry, plus Andover NJ and Red Hook NY) and five satellite fuel storage facilities that ensure winter supply continuity.

The company's core technology platform is conventional for the fuel distribution industry: degree-day-based automatic delivery scheduling that triggers a fill when a customer's tank reaches approximately 30% capacity, wireless remote tank monitoring integrated with a smartphone app (the CES app is available on iOS and Android), and a modern delivery fleet equipped with Weights & Measures-certified meters. Differentiated capability comes from owning—not subcontracting—trained HVAC technicians, owning local fuel storage terminals that hedge against regional supply disruption, and operating a multi-brand ecosystem (Tri-State Carbonation for bulk CO2, AllGas welding supply, Wechsler Pool, and the retained Freedom Propane brand).

CES earns revenue across five primary streams: usage-based propane and home heating oil delivery (priced under market, capped, fixed, or pre-pay plans), recurring tank and equipment rental fees (with discounts tied to auto-delivery enrollment), professional HVAC service and repair billed at hourly rates, commercial on-site fuel delivery (diesel, gasoline, autogas, forklift, landscape), and price-protection cap fees ($0.18/gal propane, $0.35/gal fuel oil) that hedge customer exposure to NYMEX price moves. The business is private, family-controlled, with over 150 employees and zero external funding rounds or public-market listings disclosed.

Name

Combined Energy Services

Legal name

Combined Energy Services

Website

https://combinedenergyservices.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

101–250 employees

Short description

Combined Energy Services is a family-owned propane gas and home heating oil distributor founded in 1968, serving residential, commercial, agricultural, and builder customers across New York, New Jersey, and Pennsylvania via five offices, satellite storage terminals, and wholly-owned subsidiaries including Tri-State Carbonation and AllGas.

Ownership category

akta.pro rank

Product category

Propane and Home Heating Oil Delivery

NAICS

Fuel Dealers (4572), Fuel Dealers (457210)

SIC

Gas & Other Services Combined (4932), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH)

Keywords

• Propane delivery services
• Home heating oil
• Fuel oil delivery
• HVAC installation repair
• Tank rental services

Headquarters

HQ city

Monticello

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Propane Gas Sales: Sale of propane gas delivered to customer tanks. Revenue is usage-based, charged per gallon at market, fixed, or capped pricing depending on customer's chosen payment plan. Core revenue stream since founding in 1968.
2. Home Heating Oil Sales: Delivery and sale of home heating oil and kerosene. Charged per gallon with various pricing plan options including market rate, fixed, and capped pricing.
3. Tank and Equipment Rental: Rental fees for company-owned propane tanks and regulators. Annual tank/equipment rental and maintenance fee of $239 for 200 lb tanks, reduced to $39/year for customers on auto delivery who purchase heating oil from CES.
4. Service and Repair: HVAC installation and repair services for propane and fuel oil heating systems, water heaters, air conditioning, and appliances. Service fees charged at hourly rates with overtime charges after hours.
5. Commercial Fuel Delivery: On-road diesel, off-road diesel, gasoline, and propane for fleet vehicles, forklifts, and landscape equipment. Metered gas service for commercial builders.
6. Pre-Buy and Budget Plans: Cap fees for price protection plans: $0.18/gallon for propane gas cap, $0.35/gallon for fuel oil cap. These are non-refundable fees for NYMEX put option insurance to secure ceiling prices.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels9 records

Core offering

Combined Energy Services delivers propane gas and home heating oil/kerosene to residential, commercial, agricultural, and builder customers across the New York, New Jersey, and Pennsylvania tri-state region, using company-owned trucks, local storage terminals, and degree-day-based automatic delivery scheduling. The company also sells and rents propane and fuel oil tanks, installs and services HVAC equipment (heating, air conditioning, water heaters, boilers), and supplies engine fuels including on-road diesel, off-road diesel, ethanol-free gasoline, propane autogas, and forklift/landscape fuels.

Product overview

Combined Energy Services operates as a family-owned propane gas and home heating oil energy provider established in 1968, offering a diversified portfolio of fuel delivery and HVAC services across New York, New Jersey, and Pennsylvania. The company's core offerings center on propane gas and fuel oil delivery services, complemented by tank sales, rentals, and installations, along with full-service heating and air conditioning installation and repair. The product portfolio spans multiple categories including core fuel products (propane gas, home heating oil, diesel, gasoline), tank equipment (propane tanks, fuel oil tanks), HVAC services (heating systems, air conditioning, water heaters), engine fuels (on-road diesel, off-road diesel, autogas, forklift fuel), commercial services (builders programs, temporary heating, metered gas, agricultural propane), and residential comfort products (generators, fireplaces, fire pits, garage heaters, pool heaters, radiant heating, space heaters). The company differentiates through value-added services including automatic delivery based on degree-day forecasting, remote tank monitoring technology, a smartphone app for account management, and budget/payment plans with price protection options.

Differentiator

Problem solved

Functional benefit

Brands

• Tri-State Carbonation: Bulk CO2 company providing safe and reliable service to customers by installing, repairing, and maintaining bulk CO2 product systems and related supplies inside restaurants and bars throughout the northeast.
• AllGas
• Freedom Propane
• Wechsler Pool

Products and services

• Propane Gas Delivery

Quantifiable outcome

• 24/7 emergency service available for customer safety and peace of mind
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• Allyson Whitney FoundationminorOthers · 1 January 2023Company has been a proud sponsor of the Allyson Whitney 5K for 14 years. Sponsorship includes recent 'Night of a Million Stars' gala event.
• Hudson Valley Toys for TotsminorOthers · 1 January 2023Combined Energy Services and subsidiaries (Tri-State Carbonation, AllGas Welding, Wechsler Pool) participate annually in the Hudson Valley Toys for Tots toy drive.
• Sullivan County SPCAminorOthers · 1 January 2015Community partnership where a portion of every delivery from the SPCA-branded home heating oil truck is donated to the Sullivan County SPCA. Part of company's ongoing animal shelter support program that has donated over $100,000 since 2015.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Suburban Propane Partners: Large publicly traded propane distributor (NYSE: SPH) serving residential, commercial, and industrial customers across the US. Direct competitor to CES in the propane segment, with significantly larger scale and capital access.
• Ferrellgas Partners: Publicly traded propane distributor (NYSE: FGP) with national footprint serving residential, commercial, and agricultural customers. Competes with CES on propane autogas, agricultural propane, and rural delivery.
• AmeriGas Partners: Nation's largest retail propane marketer (subsidiary of UGI Corporation). Competes head-to-head with CES on residential and commercial propane delivery, with national brand recognition and tank-exchange programs.

Regional players

• Eastern Propane Gas: Regional propane distributor serving the Northeast US including upstate NY and New England. Comparable product offering and customer profile to CES in the residential and small-commercial propane market.

Emerging players

• Blossman Gas: Family-owned propane distributor serving the Southeast and Mid-Atlantic US. Comparable family-owned dealer model focused on residential and small-commercial propane delivery.
• Hoconno Inc. CT-based heating oil and propane dealer serving CT and parts of NY — comparable to CES in business model (full-service fuel delivery, HVAC, service contracts) with regional proximity.

Direct peers

• Paraco Gas: Family-owned regional propane and heating oil distributor headquartered in NY, serving the Northeast US. Closest direct comparable to CES — similar business model, geography, customer segments, and family-ownership structure.
• Bottini Fuel: Family-owned home heating oil and propane distributor serving the Hudson Valley, NY — a direct geographic and product overlap with CES in several counties (Orange, Ulster, Dutchess). Comparable service model including automatic delivery.
• Mirabito Holdings: Family-owned fuel dealer based in Binghamton, NY, providing propane, heating oil, diesel, and gasoline across upstate NY and northern PA. Operates convenience stores and energy services, with comparable regional footprint and product mix.

Others

• Husky Energy / CANCO (regional fuel reseller): Adjacent: while primarily a downstream petroleum player, Husky and similar regional refiners/marketers compete with CES at the wholesale propane and heating oil procurement level and indirectly influence retail pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/combinedenergyservices
• Instagraminstagram.com/combined_energy_services
• Xx.com/CombinedEnergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Combined Energy Services