January 7, 2005—USA Technologies announced today that all 20 power utilities that offered rebates in 2004 for its VendingMiser energy management device had agreed to extend the rebate program through 2005.
The company also announced that the Long Island Power Authority, of New York, would become the 21st power authority to join the rebate program.
Long Island Power will determine the amount it will pay in rebates to their customers who install VendingMiser, CoolerMiser, PlugMiser, SnackMiser and VM2IQ on a case by case basis.
“That all our rebate partners have agreed to extend the program into 2005 signals that leading energy-related companies are determined to aggressively manage soaring energy costs,” said George R. Jensen, Chairman and Chief Executive Officer, USA Technologies. “We’re delighted that power authorities, such as Long Island Power Authority, are signing up in increasing numbers and supporting responsible energy conservation to both ease the demand on the national power grid, and help lower energy costs.”
The average vending machine consumes approximately 3,000 kilowatt-hours of energy a year, costing as much as $600. USA Technologies’ energy management has the technology to power down the machine and reduce the energy consumed and the cost by almost half, as well as reduce greenhouse gasses.
USA Technologies estimates its complete product line of EnergyMiser products sold to date have saved 184,800,000 kWh of electricity a year, resulting in customer savings of nearly $17 million. EnergyMisers at the same time have prevented the release of more than 270 million pounds of CO2 a year.
Power authorities offering VendingMiser rebates are: City of Palo Alto, $65 rebate; Connecticut Light & Power and Western Mass Electric Co, $75 rebate; Dakota Electric, $75 rebate; Efficiency Vermont, $45 rebate; Efficiency Maine, $50 rebate; Eugene Water & Electric Board, $120 rebate; Great River Energy, $75 rebate; Hawaiian Electric Company, $50 rebate; Nevada Power Company, $50 rebate; New York State Energy Research and Development Authority, $40 rebate; NSTAR, Boston, $75 rebate; Pacific Gas & Electric, $90 rebate; PacifiCorp (Pacific Power), $75 rebate; PacifiCorp (Utah Power), $75 rebate; Puget Sound Energy, $80 rebate; San Diego Gas & Electric, $90 rebate; Seattle City Light, $80 rebate; Sierra Pacific Power Company, $50 rebate; Silicon Valley Power, $80-$120 rebate; and Southern Valley California, $90 rebate.
USA Technologies’ energy management solutions can be deployed in a variety of commercial appliances, from vending machines, refrigerators and glass front coolers, to plastic meat wrappers in supermarkets. All of the technology has the capability of reducing energy consumption by as much as 50 percent.
For more information, contact USA Technologies at 800/633-0340.
