This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Lime Energy Helps Central Hudson Gas & Electric Exceed 2012 Goal

Stocks in this article: LIME

Lime Energy Co. (NASDAQ: LIME) announced today they have saved businesses more than 13,600 megawatt-hours through Central Hudson Gas & Electric's Small and Mid-Sized Business Direct Install Programs, with an additional 5,000 megawatt-hours committed for installation. As the exclusive provider for these programs, Lime Energy provides energy-efficient lighting facility upgrades for business customers throughout Central Hudson's service territory, located in the Mid-Hudson Valley region of New York State. Lime Energy is poised to deliver an additional 58,000 megawatt hours over the remaining course of their four-year contract.

Central Hudson’s Direct Install Programs serve small- and medium-sized commercial customers as well as municipalities, providing incentives that cover up to 70 percent of the cost of implementing these energy efficiency projects. To date, Central Hudson has provided more than $3 million in incentives to help nearly 1,000 businesses upgrade to energy-efficient lighting, resulting in lower energy usage and improved lighting quality. In addition, these businesses also lowered their operating and maintenance costs. “We applaud Central Hudson’s commitment to New York State's energy efficiency goals, and we are proud to partner with them,” said John O’Rourke, President and CEO of Lime Energy. “Together we have improved small business workplaces while saving local business owners thousands of dollars every month on their electric bills.”

“Central Hudson exceeded their 2012 EEPS goal for their electric portfolio and Lime played a significant role in that achievement,” said Brian Dimisko, Division Manager of Energy Efficiency for Central Hudson. “Direct Install Programs provide an invaluable service to our commercial electric customers.”

About Lime Energy Co

Lime Energy is a national leader in designing and implementing energy efficiency programs for utilities, government agencies and private enterprises. Our innovative solutions enable our clients to meet their energy savings and carbon reduction goals across a portfolio of facilities, driving increased profitability and competitiveness. We bring proven results and over 25 years of experience that enable us to scale energy efficiency programs to meet increasing clean energy regulations.

About Central Hudson

Central Hudson Gas & Electric Corporation is a regulated transmission and distribution utility company, serving approximately 300,000 electric and 75,000 natural gas customers in eight counties of New York State’s Mid-Hudson River Valley, delivering natural gas and electricity in a 2,600-square-mile service territory that extends north from the suburbs of metropolitan New York City to the Capital District at Albany. Central Hudson is a wholly owned subsidiary of CH Energy Group, Inc., predominantly an energy delivery company headquartered in Poughkeepsie, NY.

FORWARD-LOOKING STATEMENTS

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs