Energy Conservation Cash Rebates Increase for Legend Power Customers across Ontario
Burnaby, British Columbia, July 5, 2011 – Legend Power Systems Inc. (“Legend”) (TSX-V: LPS) has successfully secured an Ontario-wide cash rebate that reduces our customers’ purchase price by up to 50%. This recently launched incentive, branded as the saveONenergy retrofit program, is available to all businesses throughout Ontario. Legend is able to secure this cash rebate on behalf of its customers to seamlessly reduce their one time capital investment towards energy efficiency.
Bala Gnanam, Director of Projects and Operations at the BOMA CDM Program, comments , “The province-wide reach of the new program and the standardized application process should help energy conservation companies like Legend secure funding for all of their customers across Ontario to help deliver significant results.“ The BOMA CDM Program is considered one of the industry’s most successful conservation programs ever delivered to the Ontario market.
Legend’s energy conservation solution saves money by reducing electrical energy use and decreasing building maintenance costs. Offering this cash rebate as part of its energy solution allows its customers to achieve even greater financial savings. Legend’s energy conservation solution is eligible for the highest incentive value at $800 per kW; this is double the dollar value that a traditional energy conservation retrofit, such as a lighting upgrade, would receive.
Legend Power strives to deliver the best value possible to its customers and is extremely excited to now be able to offer such a great incentive that strongly enhances the financial value delivered to its customers.
About Legend Power Systems Inc.
Legend Power Systems Inc. (www.legendpower.com) is a leading electrical energy conservation company that manufactures and markets a voltage optimization solution to help commercial and industrial customers to reduce electrical energy consumption and costs. Legend Power’s Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increase the life of electrical equipment, while contributing to a reduction in green house gas emissions.
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