VAUGHAN, ONTARIO -- (Marketwire) -- 11/07/12 -- Provident Energy Management, a leading energy services provider, has been recognized by PowerStream as a Conservation and Demand Management (CDM) Champion for utilizing the saveONenergy conservation programs as a key part of the company's business development strategy.

Working with clients to optimize and reduce their energy bills is the focus of Provident Energy Management personnel. Employees are committed to delivering to their clients a quick return on investment with ongoing long-term savings and benefits.

Although Provident Energy Management offers a wide range of energy solutions to its customers it was specifically acknowledged for its energy retrofit services for existing buildings which include supply and installation of building automation systems, variable frequency drives as well as lighting and motion sensors.

Each month, PowerStream will be profiling different contractors, consultants, distributors and manufactures who have delivered results through the saveONenergy RETROFIT program. PowerStream congratulates these CDM champions for understanding that saving energy and growing a business can be a winning combination. The utility is committed to recognizing companies that are engaged in conservation and take advantage of the saveONenergy RETROFIT program.

QUOTES

--  "PowerStream is proud to recognize progressive organizations who
    understand responsible business growth goes hand-in-hand with being
    energy mindful," said Frank Scarpitti, Board Chair, PowerStream and
    Mayor of the City of Markham. "By better managing electricity
    consumption, you can save money and improve your bottom line." 
    
--  "It's important to remember that electricity costs are going to continue
    to rise. Delaying your retrofit job and hanging onto older energy-
    inefficient equipment will end up costing more down the road," said
    Jason F. Schembri, Technical Sales Representative, Provident Energy
    Management Inc. "Provident Energy Management's best advice is to be
    proactive in making your retrofit investment decision, make sure you ask
    lots of questions and be confident in your decision." 
    

BACKGROUND

Companies interested in participating in saveONenergy programs, or want to find out more information, can visit PowerStream's CDM Champions website. Businesses that demonstrate leadership in implementing energy conservation programs may be eligible to be featured on the CDM Champions website. Additional information is available by contacting saveONenergyBUSINESS@PowerStream.ca.

ABOUT PROVIDENT ENERGY MANAGEMENT

Incorporated in 1985, Provident Energy Management is a leading Energy Services Company (ESCO) in the greater Toronto area. Provident specializes in the multi-residential market with an emphasis on high-rise condominiums. Provident Energy is committed to generating substantial energy savings through energy management systems and monitoring, energy consulting and energy retrofits.

ABOUT POWERSTREAM

PowerStream is the second largest municipally-owned electricity distribution company in Ontario, providing service to approximately 355,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.

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