PowerStream Recognized for Its 'Environmental Leadership'

VAUGHAN, ON--(Marketwired - April 10, 2015) - PowerStream was presented with the 'Environmental Leadership' Award at the 2015 Vaughan Chamber of Commerce Business Achievement Awards held Thursday evening at the Paramount Conference and Event Centre.

The energy company's environmental stewardship was recognized by the Chamber based on several initiatives undertaken by the utility including employee carpool and vanpool programs; use of hybrid and electric vehicles (EV); installation of EV charging stations at the company's head office; tracking of vehicle fuel consumption and idling; use of solar panels and a wind turbine to generate electricity as well as the implementation of innovative employee recycling programs for electronic waste, batteries, light bulbs, aluminum coffee cartridges and milk bags.

PowerStream was also acknowledged for operating its business out of two LEED (Leadership in Energy and Environmental Design) gold certified buildings and for delivering conservation programs to residential and business customers that have helped to save a total 50 million kilowatt-hours of electricity, enough to power 4,500 Vaughan homes for a year.

The Business Achievement Awards are presented each year by the Vaughan Chamber of Commerce to organizations/individuals that have demonstrated superior business acumen, social awareness and an economic contribution to the community of Vaughan.

QUOTES

• "We are thrilled to be recognized for our environmental leadership by the Vaughan Chamber of Commerce," said PowerStream Board Chair and City of Vaughan Mayor, Maurizio Bevilacqua. "Our corporate culture promotes values relating to sustainability and this award is a testament to our achievements in the area."

• "We pride ourselves on being a socially responsible company and we fully understand that we have an obligation to our customers and the communities we serve to champion initiatives that protect the environment," added PowerStream's President and CEO, Brian Bentz. "Our employee environmental initiatives as well as the conservation programs we offer our customers demonstrate we are committed to making a difference."

BACKGROUND

• PowerStream has received several other acknowledgements for its environmental leadership including 'Canada's Greenest Employer' Award (2014), the Electricity Distributor's Association's 'Environmental Excellence Award' (2013, 2011 and 2009) and the 'Smart Commute Employer of the Year' Award' (2013, 2011, and 2009).

• In 2010 and 2006, PowerStream was recognized by the Vaughan Chamber of Commerce as 'Company of the Year'.

ABOUT POWERSTREAM

PowerStream is a community-owned energy company providing power and related services to more than 375,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.

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