Ontario Energy Savings L.P. and Nationwide Energy Advisors Help Consumers "Go Tankless"

Tuesday, January 06, 2009 - Mississauga, ON

Mississauga, ON - January 07, 2009 - Ontario Energy Savings L.P. (OES), a leading independent energy retailer, and Nationwide Energy Advisors (NEA), a licensed provider of energy evaluations for Natural Resources Canada's ecoENERGY Retrofit for Homes program, today announced the launch of a new promotional initiative designed to make switching to a high efficiency tankless hot water heater an even more advantageous option for consumers. 

Through this initiative, consumers who rent or purchase a new Rinnai high efficiency tankless hot water heater through Newten Home Comfort L.P., an affiliate of OES, will now receive a discounted initial energy evaluation through NEA. By undertaking this initial evaluation, consumers will gain access to the $500 in Government grants made available to those who choose to make the switch to a new high efficiency tankless hot water heater.

What's more, these evaluations, which are the first step to increasing a home's overall energy efficiency, can also lead to increased home comfort and resale value, reduced energy bills, mortgage discounts and a greener environment.  

"We're very pleased to be working with NEA on this initiative," said Ken Hartwick, President and CEO of OES. "Their experience and expertise in conducting these energy evaluations combined with their commitment to excellence in customer service will definitely make it easier for consumers to take full advantage of the benefits associated with this positive environmental choice." 

In addition to conducting the audit, NEA also helps customers obtain the grants by completing the necessary paperwork and by forwarding the applications to the relevant government body on their behalf. This allows customers to focus on enjoying the benefits of "going tankless", which include reduced water heating costs, reduced levels of greenhouse gas emissions and an endless supply of hot water.

About Ontario Energy Savings L.P.

Ontario Energy Savings L.P. is a part of Energy Savings Group, a group of leading North American independent energy retailers who are affiliates of Energy Savings Income Fund, a publicly traded trust listed on the Toronto Stock Exchange. With over one million customers across North America, Energy Savings Group affiliates provide residential and commercial customers with protection from energy price volatility and an efficient and effective way to 2 have a positive impact on the environment. For more information about Ontario Energy Savings L.P. or about the Green Energy Option, please visit www.energysavings.com.

About Nationwide Energy Advisors

Nationwide Energy Advisors (NEA) is a Licensed Service Organization with Natural Resources Canada (NRCan) delivering Energy Evaluations to homeowners through the ecoENERGY Retrofit - Homes Program.  NEA's management team has a long standing reputation in the residential appraisal industry with unmatched experience that spans over twenty years of service to over 500,000 residences across Canada.  NEA's residential energy evaluation enables homeowners to qualify for combined federal and provincial rebates up to $10,000.00 for specific energy efficient home upgrades based on the ecoENERGY Retrofit - Homes Program.  NEA is dedicated to residential energy efficiency and encourages homeowners to reduce their green house gas emissions by increasing their home energy efficiencies and maximizing their ecoENERGY rebate.  For more information about Nationwide Energy Advisors, please visit www.nwea.ca.

 

-30-

MEDIA INQUIRIES TO:

Gord Potter               Ryan Parnell 

Senior Vice President,       Corporate Development,

Regulatory Affairs and Government Relations   Nationwide Energy Advisors

Ontario Energy Savings L.P.     1.888.477.9979, Ext. 241

905.795.4214         ryanp@nwea.ca 

gpotter@energysavings.com