PowerStream Receives ENERGY STAR(R) Recognition

VAUGHAN, ON--(Marketwired - August 04, 2015) - In a recent announcement of the 2015 ENERGY STAR® Market Transformation Awards winners, Natural Resources Canada recognized PowerStream as one of 13 Canadian companies that demonstrated outstanding leadership in promoting energy efficiency.

PowerStream, an advocate of ENERGY STAR as well as a utility with a vision statement that includes being "a socially responsible company, committed to the environment and sustainable growth," was named by Natural Resources Canada as the recipient of the 'Utility of the Year-Regional' award.

The award was presented to PowerStream based on several initiatives undertaken in 2014 including:

• Expanding its successful "Smart Kids" campaign through direct mail, newspaper and radio advertisements and social media, which increased participation in PowerStream's residential conservation program and resulted in almost 10,000 furnaces and central air conditioning systems being replaced with ENERGY STAR certified HVAC equipment.

• Partnering with GE Appliances Canada to run a year-long contest to promote customer participation in the company's residential demand program, peaksaver PLUS, by offering early-bird prizes and a grand prize of a GE appliance package worth $15,000, which included ENERGY STAR certified products where eligible.

For more information on the 2015 ENERGY STAR Market Transformation Awards and other award recipients visit the National Resources Canada website.

QUOTES

• "PowerStream has always been a strong supporter of the ENERGY STAR program as it helps consumers purchase products that have a higher level of energy efficiency and quality," said Maurizio Bevilacqua, PowerStream Chair and Mayor of the City of Vaughan. "Being recognized for our efforts in promoting energy efficiency is a testament to the results we are receiving with our customers and the communities we serve."

• "PowerStream sets an example to regional utilities in Canada as an ENERGY STAR leader committed to providing safe, reliable and energy-efficient electrical service," said the Honourable Greg Rickford, Canada's Minister of Natural Resources. "We commend their dedication and innovation in their efforts to encourage residents north of Toronto and in central Ontario to save money and reduce energy use by making energy-efficient choices."

BACKGROUND

• ENERGY STAR is the mark of high-efficiency products in Canada. The ENERGY STARsymbol makes it easy for consumers to identify the best energy performers on the market.

• A recent survey found that the ENERGY STAR symbol is tied as the most influential tool for consumers when purchasing energy-efficient products and homes.

ABOUT POWERSTREAM

PowerStream is a community-owned energy company that provides 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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