Pelletco replaces oil heat in buildings with heat from 100% sustainable local wood pellets saving customer 20%. PPA like solar $0 capital and 10 yr contract
Pelletco has existing customers and revenue and recently received $1.5M in funding from Clean Feet Investors.
Current price of #2 fuel oil in New England is $3.60/gal. Pelletco delivers heat at $2.99/gal. Customer signs 10 year contract and locks in heating costs. $0 upfront customer capital and full energy redundancy.