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Lime Energy’s SAVE(TM) Offering Powers Upgrades for Orlando Businesses

 September 25, 2017 - 5:15 PM EDT

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Lime Energy’s SAVE™ Offering Powers Upgrades for Orlando Businesses

NEWARK, N.J.

A Guaranteed Savings Solution to Help Businesses Lower Their Energy Costs

Lime Energy Co., a leading national provider of energy efficiency
products and services to utilities and their commercial customers,
announced today the successful rollout of its SAVE™ program in Florida.
The first customer, Discount Music Center of Orlando, FL, received a
no-cost upgrade to state-of-the-art LED lighting that, under the SAVE™
program, is guaranteed to generate energy savings every month. Orlando
is one of several markets where Lime Energy is rolling out this new
program offering in 2017.

The SAVE™ program makes it easy and affordable for small and
medium-sized businesses to upgrade to high-efficiency lighting. Most of
these businesses overpay for inefficient lighting and lack the capital
for much needed equipment upgrades. Lime Energy’s SAVE™ program is
designed to allow these businesses to benefit from the technology
advances already achieved by larger companies and institutions. Under
the program, Lime Energy provides a free energy assessment and installs
new energy-efficient equipment, at no cost to the customer, that is
customized to the specific business’s needs. Lime Energy guarantees
monthly energy cost savings and bills the customer for only a portion of
realized savings. The SAVE™ program allows businesses to permanently
reduce their operating costs with no out-of-pocket expenses and no
burden of debt.

“Lime is very excited to be helping our customers to realize the future
of energy efficiency today,” said Adam Procell, President & CEO of Lime
Energy. “Our new SAVE™ program attacks the barriers that have long kept
so many US businesses from participating in the green economy, while
helping utilities access much needed efficiency resources in the
traditionally hard-to-reach commercial building sector. The economic and
environmental benefits unlocked by this offering are critical to our
communities and key to meeting goals for a re-envisioned energy system
and the utility of the future.”

For the Discount Music Center and owner Steve Grier, the opportunity was
too lucrative to pass up. A free energy assessment from Lime Energy
showed that installing new LED lighting throughout the facility would
offer significant and immediate energy savings. Presented with his
payment options, Mr. Grier chose the 36-month shared savings term with
an anticipated monthly savings of $842. Under the SAVE™ program, his
monthly lighting upgrade payment will only be $632, allowing him to
pocket $210 every month. Listen, this deal almost falls under
the category of too good to be true,” said Mr. Grier. “I refreshed all
of my lights in my entire facility, I’m paying for it through my
savings, and I’m pocketing a couple hundred dollars every month.”
Discount Music Center is anticipated to save 9,144 kWh of electricity
per month and return more than $7,500 to Mr. Grier during the 36-month
shared savings term.

For more information about Lime Energy and the Orlando SAVE™ program,
visit www.orlsaves.com.

About Lime Energy Co.

Lime Energy is building a new energy future. As a leading national
provider of energy efficiency products and services to utilities and
their commercial customers, Lime designs and implements direct install
programs which consistently exceed program savings goals. Our
award-winning, integrated services programs provide utilities with
reliable energy efficiency resources while delivering the highest levels
of customer satisfaction. This next generation approach is helping
utilities across the country to go deeper and broader with the cheapest,
cleanest and fastest energy resource that we have – energy efficiency.

Lime Energy Media Relations
Christopher Maresca, 201-416-2575
mediarelations@lime-energy.com

Source: Business Wire
(September 25, 2017 - 5:15 PM EDT)

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