What Park Fuels does

Park Fuels is a regional fuel delivery and HVAC services company headquartered in Saint John, New Brunswick, Canada. Founded in 1978, it operates through two related corporate entities: Park Fuels Ltd., which delivers heating oil, propane, natural gas, and diesel fuel, and LeRoy's Heating Services Ltd., which handles heating and cooling equipment installation, maintenance, and repair. The company serves residential, commercial, industrial, and agricultural customers across Southern New Brunswick, with delivery coverage stretching from St. Stephen through Sussex and service capability scaled to over 50 certified technicians. HVAC equipment is sourced from third-party manufacturers including Lennox, Modine, York, Cleaver Brooks, De Dietrich, Granby, Rinnai, and LG, with no proprietary technology platform.

Revenue is generated through four distinct streams: per-volume fuel delivery (with an automatic-delivery subscription option that creates recurring relationships), fixed-fee annual maintenance plans at CA$229.95 plus HST, one-time equipment installations and service calls billed on labor and parts markup, and an interest-free 10-month equalized billing program that smooths customer cash flow and supports retention. Distribution is fully direct-to-customer via company-owned delivery trucks and employed technicians, with no reseller, franchise, or third-party logistics layer. Customer acquisition is sales-led, driven by phone inquiries, online quote requests, in-home assessments, word-of-mouth referrals, the Family Perks loyalty program, and a strategic partnership with the Sussex & Studholm Agricultural Society #21 that anchors the agricultural segment.

The company is privately held with no disclosed institutional investors, funding rounds, or M&A activity. Its technology stack consists of a standard website with online account applications and credit-application forms rather than a proprietary platform, and there is no evidence of AI/ML capabilities, APIs, or developer-facing integrations. Operations are concentrated within Southern New Brunswick, with natural-gas account administration available province-wide but equipment service geographically constrained to the Saint John area.

Name

Park Fuels

Legal name

Park Fuels Ltd.

Website

https://parkfuels.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Park Fuels is a Saint John, New Brunswick-based fuel delivery and HVAC services company founded in 1978, delivering heating oil, propane, natural gas, and diesel and providing heating and cooling equipment installation and service to residential, commercial, industrial, and agricultural customers across Southern New Brunswick.

Ownership category

akta.pro rank

Product category

Fuel Delivery and HVAC Services

NAICS

Fuel Dealers (4572), Fuel Dealers (457210)

SIC

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

akta.pro primary industry

Heat Pump Repair & Maintenance (HSAOAHAD)

Keywords

• Heating fuel delivery
• Propane distribution
• HVAC installation
• Home heating oil
• Furnace maintenance

Headquarters

HQ city

Saint John

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Fuel Delivery: Delivery of heating oil, propane, natural gas, and diesel fuel to residential, commercial, and agricultural customers. Revenue generated per delivery based on volume (litres/gallons). Includes automatic delivery subscription service for recurring revenue.
2. Maintenance Plans: Annual maintenance plan at $229.95 + HST per year covering inspection, cleaning, conditioning, and burner adjustment of heating systems. Also includes emergency service and parts replacement for covered components.
3. Equipment Installation & Service: Installation, repair, and maintenance of furnaces, boilers, heat pumps, water heaters, space heaters, and oil tanks. Revenue from labor and equipment markup on installations. Service calls charged separately.
4. Equalized Billing Program: Interest-free payment plan spreading heating costs over 10-month period. Not directly revenue-generating but facilitates customer acquisition and retention by making payments manageable.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Park Fuels delivers heating oil, propane, natural gas, and diesel fuel to residential, commercial, and agricultural customers across Southern New Brunswick, with automatic home delivery and weather-based scheduling. Through its sister entity LeRoy's Heating Services, the company sells, installs, and services HVAC equipment including furnaces, boilers, heat pumps, water heaters, space heaters, and oil tanks, supported by 24/7 emergency response and annual maintenance plans.

Product overview

Park Fuels operates as a dual-brand fuel delivery and HVAC services company consisting of Park Fuels (fuel delivery) and LeRoy's Heating Services (installation and service). The product portfolio centers on two interconnected offerings: fuel delivery services (heating oil, natural gas, propane, and diesel) with automated home delivery and various billing options, and HVAC equipment sales and installation covering heat pumps, furnaces, boilers, water heaters, space heaters, oil tanks, and commercial/industrial systems. The company serves residential, commercial, and industrial customers in southern New Brunswick with 24/7 emergency service, preventative maintenance plans ($229.95/year), free technical assessments, and loyalty programs including Family Perks and Sussex Co-op partnerships. Equipment brands include Lennox, Modine, York, Cleaver Brooks, De Dietrich, Granby, Rinnai, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Heating Oil Delivery Delivery of furnace/heating oil to residential customers, including automatic home delivery with weather and usage-based scheduling and complimentary energy consumption reports.
• Natural Gas Supply Natural gas supply service with account administration available anywhere in New Brunswick; equipment installation and servicing limited to the Saint John area.
• Propane Delivery Propane delivery for residential and commercial customers, with automatic home delivery, 24/7 emergency service, and complimentary energy consumption reports for maintenance plan customers.
• Diesel Fuel Delivery Commercial diesel fuel delivery service for businesses, with competitive pricing, efficient delivery, and after-hours emergency delivery available.
• Heat Pumps & Air Conditioners Sales and installation of residential and commercial heat pumps and air conditioning equipment from brands including Lennox and LG.
• Furnaces Sales and installation of residential furnaces, including high-efficiency models from brands such as Granby Conforto and Lennox.
• Boilers (Residential) Sales and installation of residential boilers, including cast iron, fire tube, and condensing models from brands such as Granby Conforto, Trinity, and NTI.
• Water Heaters Sales and installation of tank and tankless water heaters from brands such as HTP Phoenix, John Wood, and Rinnai.
• Space Heaters Sales of standalone space heaters including wall furnaces, garage heaters, and patio heaters from brands such as Imperial, Rinnai, Lennox, Modine, and Superior Radiant.
• Oil Tanks Sales of residential oil tanks, including double-bottomed and fiberglass models from Granby, emphasizing corrosion resistance and longevity.
• Commercial HVAC Systems Commercial HVAC equipment including rooftop units, VRF systems, and air handling units from brands such as Lennox, Modine, and York.
• Commercial/Industrial Boilers Sales and installation of commercial and industrial boilers, including fire tube boilers from Cleaver Brooks and De Dietrich.
• Commercial Radiant Heating Commercial radiant heating systems including high-intensity heaters from Superior Radiant Products and Modine.
• Commercial/Industrial Tanks Custom commercial and industrial tank solutions on a one-off basis, including ULC tanks and utility steel tanks from Tank Shop.
• Residential Installation & Service Residential heating system installation, repair, and maintenance services applying commercial-level technical expertise to home heating solutions.
• Commercial Installation & Service Commercial heating setup services including installation, maintenance, and automated fuel delivery with personalized annual budget planning.
• Industrial Services Complex industrial project services including rooftop climate control, process boilers, system design, scheduled maintenance, and 24/7 emergency service.
• 24/7 Emergency Service Round-the-clock emergency response for heating failures, fuel leaks, and gas odors with a 4-hour on-site arrival guarantee, or the first hour is free.
• Maintenance Plans Annual preventative maintenance plan at $229.95 plus HST per year covering inspection, cleaning, conditioning, burner adjustment, emergency service, and parts replacement for covered components.
• Automated Home Delivery Automatic fuel delivery service that monitors usage and temperature patterns to ensure customers never run out of fuel, with billing options of choice.

Quantifiable outcome

• 30-minute callback guarantee for emergency calls
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Sussex & Studholm Agricultural Society #21 (Sussex Co-op)coreStrategic or Co-development PartnerSussex & Studholm Agricultural Society #21 has formed a strategic partnership with Park Fuels Ltd to become the preferred bulk fuel supplier for Sussex Co-op members. Members receive reduced pricing and access to the Family Perks Program through this partnership. Payments can be made at the Sussex Co-op Country Store.

Scale indicators4 records

Expansion highlights5 records

Direct peers

• BlueWave Energy: Canadian retail home heating fuel dealer (heating oil and propane) with automatic delivery and equipment services; Parkland Fuels subsidiary directly comparable to Park Fuels' core offering.
• Irving Oil: New Brunswick-headquartered integrated energy company with home heating, propane, and HVAC service lines directly competitive with Park Fuels in the same southern NB geography.
• Heritage Home Heating: Canadian regional home heating oil and propane dealer with automatic delivery, equipment service, and loyalty programs closely mirroring Park Fuels' customer proposition.
• Superior Propane: Canada's largest propane retailer with automatic delivery and equipment service programs, operating a similar fuel-delivery-plus-appliance model across multiple provinces including the Maritimes.

Broad incumbents

• Enercare: National Canadian home and commercial services company offering HVAC equipment, rentals, maintenance plans, and water heaters — a direct national analog to Park Fuels' LeRoy's Heating services.
• Reliance Home Comfort: Large Canadian provider of HVAC equipment, installation, maintenance plans, and water heating, sharing the residential comfort-services and subscription maintenance model with LeRoy's Heating.
• Direct Energy Home Services: Large North American residential energy and HVAC services provider with subscription maintenance plans and furnace/heat pump offerings that overlap with Park Fuels' service portfolio.
• Petro-Canada Home Heating (Suncor): Suncor's retail home heating division offering heating oil and furnace services across Canada, representing a large-scale analog to Park Fuels in the same fuel-delivery category.

Others

• Lennox International: Major HVAC equipment manufacturer whose Lennox furnaces and heat pumps are sold and installed by Park Fuels; relevant as an upstream supplier and strategic OEM dependency.

Regional players

• MacEwen Petroleum: Ontario- and Quebec-based fuel dealer offering heating oil, propane, and diesel delivery with HVAC service in Eastern Canada — comparable regional fuel-delivery model in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Park Fuels