Scottsdale 3/10/2011 4:38:36 AM
Blue Earth, Inc. (BBLU) Subsidiary Castrovilla Lands Huge Refrigeration Energy Efficiency Contract with Roseville Electric
QualityStocks would like to highlight Blue Earth, Inc. (OTCBB: BBLU). The company is engaged in the clean technology industry, with a primary focus on energy efficiency, water, and wastewater sectors.
In the company’s news yesterday,
Blue Earth reported that subsidiary Castrovilla, Inc. implemented its contract to provide a turnkey commercial refrigeration energy efficiency solution to Roseville Electric.
The contract calls for a full-spectrum treatment, covering everything from the design of the program to installation, administration, evaluation, marketing, measurement and verification.
The contract is quite similar to the other “KEEP YOUR COOL” programs that Castrovilla has previously implemented and will feature the same kind of ingenious solutions that have won the Company such critical acclaim.
This program is targeting the some $923k Roseville Electric has as part of an Energy Efficiency Community Block Grant apportioned via the American Recovery and Reinvestment Act (ARRA), and Castrovilla has made a firm commitment to hire local technicians in accordance with ARRA guidelines promoting organic job creation.
President of Castrovilla, John Pink, hailed the Roseville Electric decision to apply its ARRA funding to this endeavor, pointing out how the wildly successful KEEP YOUR COOL rebate program (approximately 18.2 cents per kWh in the first year) could be used here as a cost effectiveness multiplier for the utility and its small commercial customers.
Pink enjoined other utilities in the industry who seek to institute energy efficiency targets while creating local jobs to follow Roseville Electric’s bold leadership.
Castrovilla has an impressive track record developing solutions for over 6k businesses and utilities in Northern California and the Company offers a wide variety of utility ratepayer-funded energy efficiency rebate programs like the one developed for the KEEP YOUR COOL program.
By offering comprehensive energy auditing and complete refrigeration efficiency upgrades, such rebate programs allow small businesses restaurants, supermarkets and other facilities utilizing refrigeration equipment to save tens of millions on energy while reducing environmental pollution.
Castrovilla is a shining example of the BBLU mandate to help drive the global push for sustainable infrastructure to new and unprecedented heights by offering products and services in conjunction with programs like KEEP YOUR COOL.
CEO of BBLU, Dr. Johnny R. Thomas, attributed much of Castrovilla’s acclaim to the experienced leadership of Mr. Pink, who he cites as being instrumental in the development of a business model at Castrovilla which offers a superior kW and kWh profile for both utilities and end users.
About QualityStocks
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.