AUBURN, Calif., April 16, 2019 /PRNewswire/ -- With humble beginnings owning a handful of independent gas stations, Northern California company Flyers Energy, LLC (http://www.flyersenergy.com/) celebrates its 40th year in business in 2019.  Flyers now has locations or holdings in 20 states.

Flyers Energy delivers branded fuel and manages the relationship with brands Chevron, Shell, 76, Valero, and Flyers for 120 independent gas stations. (PRNewsfoto/Flyers Energy, LLC)
Flyers Energy delivers branded fuel and manages the relationship with brands Chevron, Shell, 76, Valero, and Flyers for 120 independent gas stations. (PRNewsfoto/Flyers Energy, LLC)

Flyers has evolved to become less dependent on petroleum sales by expanding its renewable fuels division and, over the last two years, adding diverse business and real estate investments.  "We've reduced the impact volatile fuel prices have on our operation," said Walt Dwelle, Managing Partner.  Investments include express car washes, commercial office buildings, a hotel, and several mobile home parks.

Alternative and renewable energy investments have been especially important to Flyers.  It started with placing solar panels on top of their convenience stores in the 1990s.  Flyers continues to be an equity investor in commercial solar projects in the western United States with more than 22 megawatts of production capacity and another 1.6 MW to come online this year.

With the most recent endeavor, Flyers-backed Calgren Renewable Fuels (http://www.calgren.com/) is injecting carbon renewable gas made from cow manure directly into Southern California Gas Company's (http://www.socalgas.com/) natural gas system.  In 2017, Calgren introduced a "supercritical" biodiesel production facility which uses distillers corn oil from the plant along with brown grease, acid oils, and other low-cost feedstock. Calgren and a similar plant, a Flyers investment in Pratt, Kansas, produce a total of 100 million gallons of ethanol annually as their primary function.

Flyers hasn't forgotten their roots in petroleum.  After selling off all 39 convenience stores in 2017, Flyers acquired the Quick Fuel automated fueling network from another family-owned jobber in Milwaukee in 2018. The addition of 49 Quick Fuel sites brought the total number of Flyers commercial fueling locations to more than 300 in 18 states.

About Flyers Energy LLC
Flyers Energy, LLC operations include transportation, commercial fueling on the CFN, Quick Fuel Advantage, Voyager, and Pacific Pride networks, distribution of Mobil™ brand passenger car, heavy duty, and industrial lubricants, supply of wholesale and branded fuel, and generation of renewable fuels and power in the United States. Flyers is a distributor of Chevron, Shell, Valero, and 76 branded fuel and is the largest participant on the Commercial Fueling Network (CFN).

SOURCE Flyers Energy, LLC

Related Links

http://www.4flyers.com

Read more: Flyers Energy Celebrates 40 Years in Business

SALT LAKE CITY--(BUSINESS WIRE)--EnerBank USA®, the national consumer lender that helps strategic business partners and independent home improvement contractors increase their sales, recently announced a new Triple Option Loan for contractors to offer homeowners who are installing solar panels and expect to receive income tax incentives, rebates, and/or other significant payments. The new loan features a 12- or 18-month no-payment period and three re-amortizations of principal and interest over the life of the loan, providing homeowners the ultimate flexibility in choosing how they want to pay for their projects.

During the 12- or 18-month no-payment period, customers are not required to make payments on the loan. If the entire principal amount is paid off before the expiration of the no-payment period, all accrued interest is waived. After the no-payment period, the loan is re-amortized, followed by two more re-amortization events each May of the following years. This allows homeowners the option to apply rebates, bonuses or tax refunds to reduce the amount of their monthly loan payment.

“The Triple Option Loan gives tremendous flexibility for homeowners to pay off the principal of their loans or to reduce their monthly payments,” said Charlie Knadler, president and CEO of EnerBank. “Because the loan is re-amortized several times, homeowners have an extended period to apply bulk payments to the loan compared to other loan options.”

And, with the new Triple Option Loan, contractors have an additional choice in financing options they can offer their customers, helping them grow their businesses in the process. “When contractors provide payment options for home improvement projects, they can achieve higher close rates, increase project size and grow their sales,” said Knadler. “Many home improvement contractors have seen sales increases of 30 percent or more. Offering payment options gives their customers more choices and greater spending power to achieve their home improvement dreams.”

For more information about the new Triple Option Loan, or to learn more about EnerBank, visit us at enerbank.com/contractors today.

About EnerBank USA—America’s home improvement lender of choice

EnerBank is a highly specialized Member FDIC bank headquartered in Salt Lake City that helps strategic business partners (i.e., home improvement product manufacturers, distributors, franchise organizations, and trade associations) and independent home improvement contractors increase their sales. For over 15 years, EnerBank USA has helped home improvement contractors grow their businesses and enabled homeowners to have the home of their dreams. Through mobile, online and phone application choices, homeowners get a credit decision in minutes, making for higher close rates, and bigger jobs for contractors. Homeowners enjoy Same-As-Cash loans and low interest, low monthly payment loans, while contractors increase their sales. EnerBank USA is a fair housing lender and makes loans without regard to race, color, religion, national origin, sex, handicap, or familial status. Visit enerbank.com for more information.

Read more: EnerBank Announces a New Triple Option Loan for...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia), announced details of the 2nd Mohammed bin Rashid Al Maktoum Global Water Award, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The award encourages research centres, individuals, and innovators around the world to develop sustainable and innovative solutions using solar energy to address scarcity of potable water. Overseen by Suqia, under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives, the award has three main categories: Innovative Projects Award, Innovative Research & Development Award, and Innovative Individual Award, with prizes totalling USD 1 million.

The Innovative Projects Award targets government, semi-government, and non-government organisations. It has two categories: Large Projects Award with prizes worth USD 300,000, and Small Projects Award with prizes worth USD 240,000. The Innovative Research & Development Award targets individuals and teams from academic institutions and research centres that are independent or annexed to government or semi-government organisations. It has two categories: the National Institutions Award and the International Institutions Award with prizes worth USD 200,000 each. The Innovative Individual Award has two categories: the Youth Award, which targets youth between 15 and 35 years old with a prize value of USD 20,000; and the Distinguished Researcher Award with a prize value of USD 40,000. Terms & conditions for applying are available on Suqia’s website (www.suqia.ae). Deadline for receiving applications is 30 June 2019.

“This year’s award builds on the success of the first one in 2017, which attracted 138 participants from 43 countries. We were pleased with the size of participation from young people in the award, which celebrated 10 winners from 8 countries, emphasising the role of the UAE as a platform for innovation, a destination for innovators, and an incubator for creative minds from around the world,” said Al Tayer.

Al Tayer noted that over 9 million people in 34 countries had benefited from Suqia’s projects by end of 2018.

*Source: AETOSWire

Read more: Suqia Announces Details of 2nd Mohammed Bin...

"Customer feedback was instrumental in the choice to add multi-year analysis to HOMER Grid," says CEO Dr. Peter Lilienthal of HOMER Energy, which designed the software. "In the fast-moving microgrid world, we work closely with our users to develop new approaches."

HOMER Grid helps commercial and industrial (C&I) customers reduce demand charges and other electricity costs through the design of behind-the-meter projects that incorporate renewable energy, storage, and other efficient technologies such as combined heat and power (CHP). By accurately modeling and comparing the financial benefits of different distributed energy investments, HOMER Grid users can reduce financial risk by determining the best mix of resources for the lowest cost. HOMER Grid incorporates utility tariff data from the US, Canada, and Mexico, and makes it easy for users from other countries to create custom tariffs. Using utility costs and simulating distributed energy systems based on specifications from leading equipment manufacturers, HOMER Grid performs complex calculations that identify potential values in self-consumption, demand charge reduction, and energy arbitrage.

A new enhancement that should appeal to experts is the ability to export dispatch log files and dig into minute-by-minute details behind battery discharge or peak shaving. Users who have an in-depth understanding of the simulation process will be more confident that HOMER Grid is representing a realistic performance of their system and be able to convey that information to their clients more easily. HOMER Grid also has an improved Time Series Viewer, which will allow users to bookmark their preferred graphs, access them instantly each time they model a system, and include them quickly in the final Simulation Report, an important customer communication tool.

For new users of HOMER Grid - or people that are just getting proficient with modeling of distributed energy systems - there are several enhancements that will make it quicker and easier to understand the results of a simulation. A Summary Tab pops up each time a model run is completed, displaying the "winning" or least-cost design front and center. The Time Series Viewer now includes key graphs that are set up by default in the software. Overlaying the most frequently accessed data sets, they illustrate critical insights such as peak shaving and battery discharge, providing visual illustrations of how the distributed energy system is operating.

About HOMER Energy

HOMER Energy is the developer and distributor of HOMER software, the global standard for energy modeling tools that analyze solar-plus-storage, microgrids and other distributed energy projects. HOMER® Pro simulates the engineering and economic feasibility of complex off-grid and grid-tied distributed energy systems that combine conventional and renewable power, storage, and load management. HOMER Grid, aimed at the solar-plus-storage market, helps commercial and industrial customers design hybrid renewable energy systems that save on electricity bills and lower carbon footprints. Based in Boulder, Colorado, HOMER Energy was founded in 2009 by Peter Lilienthal, Ph.D., and Marilyn Walker, Ph.D, and now has over 200,000 users in more than 190 countries. Learn more at www.homerenergy.com or call 720-565-4046.

Contact

Marilyn Walker
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 720-565-4046

SOURCE HOMER Energy

Related Links

http://www.homerenergy.com

Read more: New Multi-year Features of HOMER Grid Design...

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