Power-Save Energy Company Announces Sales for Residential Solar Powered Systems.
SAN LUIS OBISPO, Calif., Sept. 2 /PRNewswire-FirstCall/ -- Power-Save Energy Company (OTC Bulletin Board: PWSV), an emerging leader in the renewable energy and energy efficiency products industry, announced today that it has sold 20kw of residential solar systems in the last three months. Power-Save Energy Co. has supplied CA Power Save and other Power-Save resellers with over 20kw of solar systems for installation on homes in several states.
These sales are significant to Power-Save Energy Co. in that it shows signs of increasing demand for residential solar within the US residential market. Power-Save has experienced an aggressive drop-off in demand for solar arrays during this economic crisis, and these recent sales represent a small but significant turn in our residential orders.
Michael Forster, Power-Save Energy Company CEO also stated, "We will certainly attempt to expand on these recent sales within the residential solar business. Our sales have been hurt by the lack of consumer credit, but these recent sales demonstrate to us that there is a segment of the market that is willing to push forward with solar before the cost per watt rises dramatically."
About Power-Save Energy Co.
Power-Save Energy Company (http://www.power-save.com) is marketing and manufacturing company focused on becoming the premier retailer of renewable energy and energy savings products in the United States. The company is dedicated to the mass-market sale of energy saving products and now renewable energy products direct to the homeowner and small business. The company not only provides both quality tested and certified products direct to the consumer, but also provides them at prices affordable to everyone.
About California Power-Save
CA Power-Save is a solar integrator based in Sonoma County California. CA Power-Save is also an authorized distributor for Power-Save Energy Co. products.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
SOURCE Power-Save Energy Company
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