THE POWER OF MORE® FOR YOUR PROPANE BUSINESS.

Continue the progress you’ve made at the 2024 LP Gas Growth Summit by giving your propane business the Power of More…

More attention. 
More information. 
More ideas. 
More answers to your questions. 
More solutions to your problems. 
More strategic guidance for the future. 
More opportunities for profitable growth.

Our Power of More approach combines industry-specific consulting, accounting and business advisory services to support business operations for propane marketers of all sizes, from all parts of the country. With nearly 80 years of experience working with propane and energy companies, we have the in-depth industry knowledge to understand your challenges, identify opportunities, and put you on the path to a successful future.

Here’s just some of what we can do for your propane business:

  • Propane Survey – Annual “snapshot” of the industry to assist propane companies with benchmarking
  • FuelExchangeTM – M&A service for buy side and sell side
  • FuelTrack®– An exclusive management analysis tool that compares dealer statistics and operating results
  • Fuel margin and delivery cost calculators – Easily determine minimum daily and minimum program margins to make your company profitable, and pinpoint actual delivery costs
  • Strategic Business Planning – Formulate business plans and advise on key management decisions
  • Outsourced Accounting – Accessible support for financial and business operations, including Controller/CFO Services for an objective extension of your management team
  • Succession Planning – Assistance with generational transfer or business sale
  • Valuations – Industry-specific calculations of business value
  • Cybersecurity – Critical protection against data breach, ransomware, malware, denial of service, phishing and other cyber threats; plus compliance with data security mandates
  • Sage Intacct Accounting Software – Complete access to mission critical financial information; real time data available anywhere at any time
  • Management consulting – Guidance on current business challenges and opportunities such as inflation, supply chain, hiring and retention of employees, state and local taxes, ERC tax credits, and beyond

Want to get the Power of More® ? Fill out our convenient form or call (781) 407-0300 to schedule a consultation with us. 

Results Are In! 2024 Survey Results

ACCESS 2024 ENERGY SURVEY RESULTS HERE
ACCESS 2024 PROPANE SURVEY RESULTS HERE

What Our Clients Are Saying...

Bruce Spiridonoff and Tory Tevis of Tevis Energy

Listen to Bruce Spiridonoff, COO, and Tory Tevis, President & CEO as they walk through their experience working with our Energy team.

As Featured in LPGas Magazine...

Gray, Gray & Gray was proud to be a part of Propane Ninja’s growth journey, as Mike Dodd, CEO and Peter Samuelson, COO, expand their business to include bulk propane. Read the full story here.

SEE MORE FEATURES HERE
Donny Galt of Inter-Island Propane LLC

Hear from Donny how Gray, Gray & Gray’s Energy team set their company up for present and future success.

Gray, Gray & Gray has been our accounting firm since 1945. We were one of their first clients and the fact that we are still with them today says a great deal about the relationship between our companies. For sixty-five years they have helped keep us on track, growing and profitable.

Gray, Gray & Gray not only knows our business inside and out, they understand the oilheat industry and how to make the most of our opportunities. We have always relied on Gray, Gray & Gray to keep us on top of the many changes occurring in the accounting field as well as changes in the oil industry.

Our relationship with Gray, Gray & Gray has strengthened from generation to generation, from my father who worked with the original Gray brothers to my own connection with the firm today. We count on them as more than just accountants, but as someone we can trust with everything from business strategy to financial planning. It’s been a great partnership.

Kevin CoanCoan Oil, Inc.
Selling our company was an incredibly emotional and stressful process for our family. We could not have done it without the help of Gray, Gray & Gray and their FuelExchangeTM program. They understood that this was not just a business transaction for us, but a significant change in our lives. They worked hard on our behalf every step of the way, resulting in a successful sale…
Janice Forrestal Superior Burner Service, Inc.
Janice Forrestal
I have been a Gray, Gray & Gray client for 20 years and plan to remain so for as long as I am in business. And hopefully for many years beyond! Gray, Gray & Gray is much more than an accounting firm. Their long-term strategies have resulted in more money in my pocket and a more enjoyable life for me. They listen to me, and wrap my assets, such as my business and real estate, around my long-term goals with creative, efficient business and personal plans. I count on Gray, Gray & Gray. Their experience has worked for me.
Jim HoranHoran Oil
As accounting clients of Gray, Gray & Gray it only made sense that, once we decided to sell our oilheat company, FuelExchangeTM was our best option. They are so well connected and well respected in the industry, we felt they would be the best at finding the right buyer for us. We were pleasantly surprised that the entire process took just 90 days. Yet we never felt as if we were rushing into making a decision.

We were very pleased with the approach they took from the very start. They were very sensitive to our needs as a family-owned business, helped us to navigate the tax considerations of the transaction and went out of their way to identify a company that shared our values. We have full confidence that the new owners will take very good care of our customers, which was an important consideration for us.
Angela CarrollMadison Oil Company, Inc.
Angela Carroll
I have worked with Gray, Gray & Gray for more than 40 years, first with General Oil and then with Volta Oil. Their depth of knowledge of the industries we operate in has been impressive. Our mix of c-stores and gas stations presents a unique challenge that Gray, Gray & Gray manages with ease.

I have been very impressed by the support Gray, Gray & Gray provides to us. Not only is the information they deliver to us timely and accurate, it is well presented and easy to act upon. Their reputation in the financial community is also an advantage for us. When we tell a banker that we work with Gray, Gray & Gray, they visibly relax because they know we are in good hands.

Gray, Gray & Gray is not limited to providing only traditional accounting. They have become involved in everything from strategic planning to operations, and have also provided personal tax planning and succession planning for us. They are among our most trusted advisors.

Jim GarrettVolta Oil Co., Inc.
When our mother passed away my siblings and I were not sure what we wanted to do with the family business. Our discussions with Joe Ciccarello put everything in perspective and eventually led to a decision to sell the company. FuelExchange managed the whole process, making sure we were informed at every step along the way. They were able to get multiple offers for the company and worked with us to evaluate each industry served us well. They really understood the details and factors that went into getting everything ready for sale, and then structuring a deal to maximize the proceeds we received.
Scott TaylorTaylor & Murphy, Inc.
Scott Taylor
Gray, Gray & Gray has always had a great reputation in the energy industry. So, when the growth of our business made it necessary to seek out a firm that could offer additional support, I called them. I don’t think I was prepared for the depth and breadth of the services I would be gaining access to. That they were top notch accountants was a given, but they do so much more. Their full range of capabilities has made them an invaluable partner. Nobody I have met can approach their comprehensive understanding of how our industry works, and what it takes to be competitive and profitable. Everybody we work with at Gray, Gray & Gray is highly alert to our needs and extremely responsive to our requests. What’s more, they do all of this at very fair and competitive fees. I truly feel like I am getting my money’s worth every day. They don’t just focus on our immediate needs. They push us to take an intentional and strategic approach in everything we do. Our industry faces many challenges in the years ahead, but I am confident that our business will continue to thrive with Gray, Gray & Gray at our side. They say they have the ‘Power of More,’ and that’s exactly the way they make me feel.
Jim TownsendTownsend Energy
We wanted to explore the idea of selling, just to see what kind of price the business might command. Joe Ciccarello and his FuelExchange team were terrific about taking us through the valuation process. We particularly appreciated their emphasis on taking a long-term view. They wanted to be sure that the proceeds from the sale would be enough and would be well managed to ensure a secure future. That gave us the confidence to move forward with the sale. FuelExchange is very well connected in the industry and they had a lot of companies interested in buying Holden. Joe worked with us to not only find the right company to take care of our customers, but to get the highest price for the business. In the end we got a much better deal than we anticipated.
Chuck HoldenHolden Oil
Chuck Holden
Congratulations again on being named to the 2022 INSIDE Public Accounting Top 200 Firms. The best decision we made many years ago… Gray, Gray & Gray has had a profound impact on our growth and success, and in building our company and our management team.
Craig SnyderBantamWesson

Rhyle & Gary Stull, the third generation of a home heating family business in northeastern Pennsylvania, had considered selling the company on several occasions. But it was an encounter with Gray, Gray & Gray and our FuelExchange™ merger & acquisition service that finally convinced them it was the right time. Read more here.

“We were too big to be small, and too small to be big. The liquid fuel industry is shrinking, and we were growing increasingly uncomfortable with industry trends.”That is how Chuck Holden, President of Holden Oil, a third-generation fuel oil and propane company based in Peabody, Massachusetts, describes the situation he found his family’s business in. It was this ambiguity about the future that led to Chuck’s decision to sell his company. Read more here.

LEARN MORE ABOUT OUR ENERGY-SPECIFIC SERVICES HERE

Find Out Why You Get More When You Partner with Gray, Gray & Gray...

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Business advisory and management consulting services to help you improve performance and profitability.

Audit & Assurance

Making intelligent choices for your business requires timely and accurate financial information. 

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Retain and utilize more of your assets while minimizing taxes with integrated tax consultation and strategic advice.

Private Wealth

Tailored asset management and investment strategies for your unique private wealth needs.

Strategic Partners

Comprehensive investment banking solutions for mid-market businesses seeking financial advice on M&A and raising capital.

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