Innovative Philadelphia Neighborhood Program Makes Solar Power Affordable for Low and Middle-Income Homeowners

PHILADELPHIA, PA, Jul 14 (MARKET WIRE) --
Urban Eco Electric (UEE), a new kind of power company, is making solar
energy affordable and practical for Philadelphia residents. Now urban
residents can participate in going green without the prohibitive upfront
costs. Through UEE's first of its kind lease program, homeowners can
lower their carbon footprint while reaping sizeable savings on their
ongoing electric bill.

A brief overview of UEE's solar equipment lease program:

-- Homeowners enter into a lease agreement for 20 years with Urban Eco
Electric who then assumes all the upfront costs as well as ongoing
maintenance.

-- UEE then reduces the homeowner's (average) electric bill by 50% for
the first two years of the lease.

-- Further savings are realized in years three and beyond when UEE
freezes their electric bill for the remainder of the lease. Philadelphia
and other cities will see significant rate hikes when the legal rate caps
are removed in 2011.

-- Over-all realized savings is roughly $20,000 to $30,000 for the
panels; $15,000 for electricity savings.

David Blumenfeld, Philadelphia real estate attorney and founder of
Urban Eco Electric, says "Without this program, solar power would be
virtually unattainable for many homeowners. I'm glad we can provide a way
for our neighborhoods to benefit while creating a brighter, cleaner
future for us all." Steven Williams, Executive Director of Partnership
CDC, adds, "Finally, we have a company that's doing something not only
for the environment but also providing an opportunity for our emerging
communities to participate in making Philadelphia a leading green city in
the country."

For more information, please visit www.go-uee.com. Homeowners are invited
to call (215) 909-6814 for more information or a free in-home
consultation.

Contact information:

Wells Marketing Group, www.wells-pr.com

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