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Lime Energy Co. Message Board

  • halfsure1 halfsure1 Nov 19, 2012 9:38 AM Flag


    Lime Energy Awarded Small Business Express Program Contract for AEP OhioFont size: A | A | A9:00 AM ET 11/19/12 | BusinessWire
    Lime Energy Co. (NASDAQ: LIME) announced today the award of a three year contract by AEP Ohio, a unit of American Electric Power (NYSE:AEP) for the implementation of their Small Business Direct Install Program. The AEP Ohio Express program serves small commercial customers with annual consumption of less than 200,000 kWh and provides significant incentives to help offset the costs of implementing energy efficiency upgrades. The 3-year performance-based contract between AEP Ohio and Lime Energy has the potential to save participating small business customers over 30,000 MWh of annual energy usage - lowering the cost of doing business in Ohio. AEP Ohio is headquartered in Gahanna, Ohio and provides service to over 1.5 million customers throughout the state.

    Lime Energy will be the exclusive provider of comprehensive energy efficiency upgrades for the program and anticipates the creation of numerous energy efficiency jobs as a result of the contract. AEP Ohio will incentivize their small business customers to reduce wasted energy and lower their monthly electric bills by paying up to 80% of the project cost to complete an energy retrofit. "The revitalized Small Business Express Direct Install Program is part of AEP Ohio's ongoing commitment to provide value to our customers," said Al Kohler, program coordinator of AEP Ohio's Express Program. "Implementing Energy efficient technologies will allow small business owners throughout Ohio to create a better work environment and put money back in their pocket every month."

    "Lime Energy has been at the forefront of delivering energy efficiency through utility programs since 2009," said John O'Rourke, President and CEO at Lime Energy. "Lime is excited to bring our innovative SBDI model to the Midwest. Our proven technology platform and our unparalleled small business marketing and sales experience will ensure the success of this program for AEP Ohio while delivering the highest level of satisfaction to their customers."

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    • Central Hudson Gas & Electric helps Hudson Valley Businesses Save Money

      Dec 6, 2012 09:23:00 (ET)

      HUNTERSVILLE, N.C., Dec 06, 2012 (BUSINESS WIRE) -- Hudson Valley businesses are continuing to benefit from Central Hudson's Business Lighting Upgrades, for which Lime Energy is the exclusive implementer for the Mid-Hudson Valley. By offsetting the project costs by up to 70 percent for upgrading their lights for qualified small and medium sized business customers, Central Hudson is encouraging local companies to waste less energy. In turn, businesses save up to 30 percent on their monthly energy bill. Headquartered in Poughkeepsie, NY, Central Hudson Gas & Electric Corporation serves approximately 300,000 electric and 75,000 natural gas customers in portions of eight counties of New York State's Mid-Hudson River Valley.

      "Central Hudson has helped more than 2,000 Hudson Valley businesses create a brighter, more pleasant work environment," said Brian Dimisko, Division Manager of Energy Efficiency for Central Hudson. "New lighting options, including light-emitting diode (LED) fixtures and outdoor lighting, now make it possible for small and mid-sized businesses, office buildings and other facilities to upgrade to more efficient lighting with little out-of-pocket expense, and customers may cover their portion of the investment with a convenient extended payment plan for 24 months, which is typically the time the investment pays for itself."

      To date, participants together are lowering their electric bills by more than $3.5 million per year and are avoiding 20,314 tons of greenhouse gas emissions into the environment, realizing in total an estimated annual savings of more than 38 million kilowatt-hours in electrical usage, or enough energy to power 4,697 homes for one year.

      "We are glad to be helping our valued business customers realize financial savings while making the Hudson Valley a more sustainable place to live," said Dimisko.

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