ABLE ENERGY

Able Energy was incorporated on March 13, 1997 in the state of Delaware, to act as a holding company for five operating subsidiaries: Able Oil; Able Propane; Able Melbourne; Able Montgomery and A&O. In December 1998, the Company sold Able Montgomery as its first franchise, and it also sold A&O. Presently the Company's operating entities are engaged in the retail distribution of, and the provision of services relating to, (i) fuel oil, (ii) propane gas, and (iii) natural gas through a marketing a... lliance agreement with AllEnergy Marketing Company LLC, a division of New England Electric Systems, Inc. In addition to selling home energy products, the Company offers complete HVAC (heating, ventilation and air conditioning) installation and repair and also markets other petroleum products to commercial customers, including diesel fuel, gasoline and lubricants.More