Smartcool Systems Inc.
TSX.V: SSC
Basic Shares 60.2 million
Fully Diluted 77.4 million
Con Edison provides electricity and gas throughout New York and Westchester and has set up a program which provides cash incentives and rebates to businesses that install energy efficient products. Smartcool has proven its product worthy of becoming a market partner with the utility giant which has roughly $13 billion in annual revenues and provides service to more than 3 million customers.
George Burnes, President and CEO of Smartcool was quoted in today's news release stating:
"Our energy efficiency products already offer a long list of financial and environmental benefits to our customers, and being listed as a Market Partner with Con Edison provides an additional incentive to choose Smartcool. This is also a crucial first step in getting our products pre-approved for rebate, and we are looking forward to working towards this with Con Edison."
"Inclusion in utility rebate programs is an extremely effective way of increasing the visibility of energy efficiency products such as Smartcool's to end customers. These programs provide financial incentives that help offset the cost of efficient equipment upgrades. Implementing energy efficient upgrades in a facility can help improve a company's bottom line by reducing energy usage and increasing a building's overall performance. "
"Inclusion in utility rebate programs is an extremely effective way of increasing the visibility of energy efficiency products such as Smartcool's to end customers. These programs provide financial incentives that help offset the cost of efficient equipment upgrades. Implementing energy efficient upgrades in a facility can help improve a company's bottom line by reducing energy usage and increasing a building's overall performance. "
Read today's news release here...
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