Bronx, NY -- (ReleaseWire) -- 02/20/2014 -- The owners of 312 Manhattan Avenue had contacted Dual Fuel Corporation for an oil to gas conversion in January 2013. The heating system of this 59 unit multi-family building had an IC-ME-42 burner that was only capable of burning heating oil. Dual Fuel Corp replaced the burner with a brand new dual fuel capable IC-VLG-40 and performed an oil downgrade from #6 to #2. At the time of their conversion the owners were spending $65,000/year for #6 heating oil and now anticipate spending $38,800/year on natural gas- savings of 41%/year. This gas conversion & new burner project was started in June 2013 and completed in January 2014. To guarantee their conversion savings, the owners of 312 Manhattan Ave. signed with Dual Fuel Energy Corp. a 3 year price lock for the gas to hedge their conversion savings and guarantee a positive ROI on this project.
About Dual Fuel Corp.
Dual Fuel Corp. located in New York, NY, is a mechanical contractor that specializes in natural gas implementation solutions and is the sister company of Dual Fuel Energy Corp., a licensed natural gas supply company. Dual Fuel offers business owners customized turnkey solutions for reducing their energy costs by pairing energy retrofits with multi-year fuel saving guarantees. Dual Fuel Corp. also offers financing through a shared savings program to owners who lack the capital to pursue energy efficiency projects. For more information about Dual Fuel Corp. visit http://www.dualfuelcorp.com.