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» ENERGY DIVISION
Sigel Insurance Group has provided performance bonds for over $100,000,000 in solar installations. We are very knowledgeable in the structure of Power Purchase Agreements and the interaction between the solar installation host, system engineer, electrical contractor, solar developer, system owner and financing institution. We offer a unique Solar Installation Performance Warranty insurance coverage that insures the engineering and installation contractual energy performance guarantees of the solar installer for up to $20,000,000 and up to 10 years. This is the only such policy available today.
We have programs specifically designed for the energy industry including:
- Fuel Distribution
Retail & Wholesale Home Heating oil; Propane; Gasoline; Diesel; Bio-fuels Distribution
- Energy Construction
Oil Field Contractors; Water, Sewer & Utility Contractors; Power Line Contractors (Underground and Overhead); High Voltage Underground Pipes and Cables; Substations; Power Plant Contractors; Refractors; Wind Turbine Contractors; Solar Contractors; Ethanol Plant Construction; Bio-fuel Facility Construction; Hydro-electric Construction; Cable TV
- Cooperatives
Agricultural supply cooperatives that supply fuel, fertilizer, seeds and other services
- Fuel Haulers
Fuel transportation, convenience stores, gasoline station, fuel wholesalers
- Renewable Energy
Ethanol; Bio-fuels; Wind; Solar; Hydropower; and Geothermal
- Energy Products & Manufacturers
Oil & Gas Field Machinery & Equipment; Steam, Gas, Hydraulic Turbines and Turbine Generator Set Units; Heating Equipment (except electric and warm air)
- Exploration & Production (Onshore)
Independent Exploration & Production Companies
- Utilities
Gas & Electric Utilities (both public and private)
- Alternative Risk Transfer (ART):
Program for all classes listed above with premiums above $1M.
We also offer a unique Energy Savings Warranty Insurance to high quality Energy Efficiency Contractors who provide energy improving upgrades and guarantee the amount of savings to be achieved.
Call Sigel Insurance Group for bonding or insuring your energy projects.
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