EPS Corp Announces EPS PowerSaver(TM) Cogeneration Management Service

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Thu Jul 30, 2009 8:03am EDT

First-Of-Its-Kind Program Yields Efficiency Benefits and Immediate Savings
from Existing Energy Assets






COSTA MESA, Calif., July 30 /PRNewswire/ -- Today EPS Corp announced the
release of an important financial product for owners of cogeneration
facilities: EPS PowerSaver(TM), which provides a means to outsource onsite
power operations to EPS' expert operations team while improving the
performance of the existing system.  EPS PowerSaver(TM) relieves exposure to
operational burdens and provides the customer with the benefit of a fixed and
agreed-upon portion of savings.  PowerSaver(TM) marks a milestone in the
evolution of financial products addressing industrial energy efficiencies, and
is the first such program made available to cogeneration facility managers.

EPS PowerSaver(TM) is a one- to five-year agreement that provides the benefits
of 3rd party cogeneration ownership without transferring ownership of the
asset itself.  Throughout the term, customers benefit from EPS' extensive
cogeneration operating experience and fuel management expertise, delivering
the financial benefits they originally expected when they made their
cogeneration investment.  The resulting cost savings achieved from EPS'
efficiency improvements are shared between EPS and the customer, motivating
EPS to achieve peak performance on their behalf.  In exchange, customers
accept all of the generated electric and thermal energy at the prevailing
utility rate.  EPS PowerSaver(TM) is priced to achieve immediate energy cost
savings with a flexible contracting term, while eliminating asset write-offs,
the hidden costs of fuel fluctuation, demand risks, and lost management and
maintenance time.  The structure provides strong alignment of interests: EPS
will make the changes needed to operate the facility at peak performance,
while the customer realizes immediate and fixed savings from the fixed
payments by EPS over the term.   

"Many existing cogeneration systems underperform due to improper design and
installation, a lack of resources to manage the assets, or simple frustration
with the effort it takes to make the operation financially successful," said
Jay Zoellner, the Chief Executive of EPS Corp. "These underperforming
cogeneration assets represent an opportunity to positively impact a company's
sustainability profile by harnessing waste heat, reducing carbon emissions,
and delivering energy cost savings through improved performance.  With EPS
PowerSaver(TM) we are able to help the customer realize the intended financial
and sustainability benefits they expected when making the cogeneration
investment while removing the financial risks of cogeneration system
operation."

About EPS Corp:
EPS Corp is the leading energy intelligence company that develops and
implements analytic, efficiency and clean generation solutions for Fortune 500
companies. The company's integrated product and services suite is delivered
using The EPS Way(TM), an innovative three-step process that maximizes energy
and carbon reductions through financially compelling solutions. EPS delivers
the right information - at the right time - to enable decisions that improve
energy efficiency, reduce costs, and achieve sustainability goals.  The
company was founded in 2001 and is headquartered in Costa Mesa, California. 
More information may be found at www.epsway.com


EPS PowerSaver and EPS Corp are registered trademarks.





SOURCE  EPS Corp

Marc Tamo, Blue Practice, +1-415-987-2583, marc@bluepractice.com, for EPS
Corp
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