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McCormick Energy

Displace heating oil in ME and NH with biomass boilers. Absorb up-front capital costs to accelerate adoption. Similar to solar PPA model.

  • Stage Not Set
  • Industry Industrial/Energy
  • Location Portsmouth, NH, USA
  • Currency USD

Company Summary

Provide energy services to municipal, K-12 schools, universities, hospitals/ light industrial customers who are on heating oil in ME and NH. Displace oil boiler with biomass boiler system (wood chip or pellet). Significant fuel savings (50%). Absorb up-front capital costs of systems and paid back over time while still saving customer immediate 15-20% on fuel. Large market that needs turnkey provider.