Ellington Energy Inc
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Ellington Energy Inc - overview
Established
1991
Location
Vernon, CT, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Ellington Energy Inc, based in Vernon, US, offers heating oil and propane delivery, alongside comprehensive HVAC solutions, focusing on enhancing indoor comfort and energy efficiency for residential and commercial clients. Founded in 1991, Ellington Energy Inc specializes in heating oil and propane delivery, as well as HVAC services. The company operates from its headquarters in Vernon, Connecticut, serving clients in multiple geographical markets while maintaining a focus on technology-driven solutions. The founder's prior ventures are not documented, and there are no mentions of pivots or subsidiaries within the company's operations.
Funding details, if available, are not mentioned. Ellington Energy Inc specializes in the delivery and servicing of heating oil and propane, alongside a comprehensive range of heating, ventilation, and air conditioning (HVAC) solutions. Their core offerings include automatic and will-call delivery services for home heating oil and propane, as well as installation and maintenance of ducted and ductless air conditioning systems, heat pumps, and various water heating systems such as tank, tankless, and indirect water heaters. The company serves a diverse clientele that includes residential homeowners and commercial establishments, focusing on enhancing indoor comfort and energy efficiency.
Their service area spans multiple geographical markets, ensuring accessibility to their energy solutions and HVAC services throughout the broader Connecticut region and potentially extending to areas in neighboring states. The emphasis on advanced technology and customer service reflects their commitment to providing reliable and innovative solutions tailored to the specific needs of their customers. Ellington Energy Inc generates revenue through a combination of delivery services and HVAC system installations and maintenance. The firm's transactions primarily occur directly with consumers and commercial clients, establishing a business-to-consumer (B2C) model that allows for hands-on service and personalized support.
Typical transactions may involve subscriptions for automatic fuel delivery or one-time purchases for HVAC installation services, ensuring that clients have access to efficient and effective solutions for their heating and cooling needs. The pricing structure is based on the specific services rendered, with distinct offerings for individual HVAC products and associated services, reflecting the value of their expertise and high-quality solutions. Flagship products, such as Rinnai® tankless water heaters and Mitsubishi® HVAC systems, play a significant role in their revenue generation, as these brands are recognized for their reliability and energy efficiency, further enhancing customer satisfaction and loyalty. Ellington Energy Inc is focused on expanding its presence in the Connecticut market and potentially extending its reach into neighboring regions.
Recent funding will be allocated to enhance their service capabilities and develop new HVAC products tailored to customer needs. Specific details regarding upcoming product launches or expansion timelines were not disclosed.
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Logistics & Distribution
Website
https://warmct.com/
Total Amount Raised
Subscriber access only
Ellington Energy Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Preferred Propane | - |
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