BRIGHTON, MI / ACCESSWIRE / February 19, 2015 /CGE Energy (CGE, currently trading as PINKSHEETS: MKBY) has proved to be an expert in making the auto dealership sector more energy efficient-successfully converting nearly a dozen car lots in Southeast Michigan in the last year from aging metal halide and high pressure sodium fixtures to energy-efficient Cree(R) LED lighting.
With the "gas and glass" lighting technologies fading into antiquity and the LED rising rapidly to take its place, some might think that major lighting overhauls are simply cosmetic changes that are undertaken for aesthetic purposes, with the ancillary benefit of saving a little money. But for many, the energy savings that they realize when switching over to LED is not just an "added benefit". It can often be the motivating factor behind the decision to switch.
Take Vic Canever Chevrolet of Fenton for example. The Fenton, Michigan dealership has been family-owned and operated since 1969, spanning three generations of Canevers. They were interested in seeing how a changeover to Cree LED lighting could benefit their business for future generations.
After a thorough survey of their existing lighting fixtures and electrical setup, the CGE Energy team managed to reduce the number of fixtures from 89 to 66, seeing an 85% reduction in lighting energy use which amounts to $2,734 a month in savings. To top it all off, CGE Energy was able to help the Fenton dealership secure a $27,000 rebate from Consumers Energy. Vic Canever Chevrolet dealer now stands to save $376,000 in utilities over the next 10 years.
The testimonies are real and they are growing each week. See our business case study page on our website, http://www.cgeenergy.com, for more examples of lighting upgrades and energy savings that CGE Energy and Cree have brought to other places of business across the country.
Contact:
Paul Schneider
248-446-1344
pschneider@cgeenergy.com
About CGE Energy
CGE Energy is a renewable energy and energy efficiency company headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy solutions and is now offering Power Purchase Agreements. Today the company serves customers in the U.S. and abroad, using energy efficient technologies that include CREE LED lighting, their patented WIND-e20(R) wind turbine and SolarWorld solar generation. As of their January 31st merger with McKenzie Bay International, CGE Energy is now a publicly traded company. CGE will trade under the ticker symbol PINKSHEETS: MKBY until FINRA approval. http://www.cgeenergy.com.
Certain statements made in this release constitute forward-looking statements and do not guarantee future performance. Actual results or developments may differ materially from the projections in the forward-looking statements.
SOURCE: CGE Energy