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APS Launches Multifamily Energy Efficiency Program Helping to Pursue Arizona’s Energy Efficiency Goals - APS is launching a program intended to assist developers of multifamily properties with energy efficiency measures and solutions designed to make their properties more sustainable and help their tenants save money (NYSE: PNW)
APS Launches Multifamily Energy Efficiency Program Helping to Pursue Arizona’s Energy Efficiency Goals

 

PRZOOM - /newswire/ - Phoenix, AZ, United States, 2011/06/06 - APS is launching a program intended to assist developers of multifamily properties with energy efficiency measures and solutions designed to make their properties more sustainable and help their tenants save money (NYSE: PNW).

   
 
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The Multifamily Energy Efficiency Program (MEEP) takes a two-track approach to serving the multifamily market, including apartment complexes. For existing communities, APS provides free energy efficiency products to retrofit every residential dwelling. These products will include energy efficient compact fluorescent light bulbs, shower heads with temperature shut-off valves and faucet aerators.

Free energy assessments also are offered to indentify additional energy saving opportunities in community common areas, such as the clubhouse, pool, laundry and vending areas. These assessments will identify energy saving opportunities and pinpoint available APS rebates that can assist with upfront energy efficiency improvement costs.

“Nearly 25 percent of APS customers live in multifamily housing,” said Chris Baggett, MEEP Manager for APS. “The multifamily market represents a large market for APS to promote energy efficiency and one that has proven difficult to reach with traditional program offerings. With the program, APS can help tenants and property managers bridge the energy efficiency gap so all our customers save money.”

The second track of this program provides incentives for new construction and major renovation multifamily projects. Developers can qualify for a per unit rebate up to $900 by building to APS energy efficiency standards.

For more information about the program and how to participate, visit aps.com/MEEP. APS is committed to providing customers with programs that help them conserve energy and save money. The APS Multifamily Energy Efficiency Program is one of several programs approved by the Arizona Corporation Commission to help APS meet Arizona’s aggressive goal of reducing energy usage by 22 percent by 2020.

APS, Arizona’s largest and longest-serving electricity utility, serves more than 1.1 million customers in 11 of the state’s 15 counties. With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle West Capital Corp.

 
 
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APS Launches Multifamily Energy Efficiency Program Helping to Pursue Arizona’s Energy Efficiency Goals

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Contact: Jenna Shaver - APS.com 
602-250-4403 press[.]aps.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any APS securities in any jurisdiction including any other companies listed or named in this release.

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