Enercare Provides Seamless, Cost-Saving Solutions for Multi-Residential Building Managers

Enercare Inc.’s acquisition of Direct Energy’s Commercial Services business in Ontario and Triacta Power Technologies enhances services offered to multi-residential clients with introduction of Preferred Customer Program

TORONTO, ONTARIO–(Marketwired – Oct. 8, 2015) – Enercare Inc. ("Enercare") (TSX:ECI) today announced the introduction of its Preferred Customer Program for multi-residential buildings. The Preferred Customer Program provides property managers, landlords and new construction developers with significant cost savings and a single point-of-contact for integrated and efficient delivery of services for their building's sub-metering, heating, wat er heating and cooling needs.

With the recent acquisition of Direct Energy's commercial services business in Ontario, Enercare became one of the largest providers of essential home and commercial services and energy solutions in Canada with more than 1.2 million customers and approximately 1,000 employees. Enercare's commercial services technicians have an average experience of over 23 years installing and servicing commercial water heating and heating and cooling equipment. Combined with the recent acquisition of Triacta Power Technologies Inc., a premier designer and manufacturer of advanced sub-meters and sub-meter solutions, and related major mechanical gas and thermal metering technologies, Enercare can offer a comprehensive measurement and verification program that will demonstrate the pay-back of building performance initiatives.

"Our heating, water heating and cooling commercial services experts offer integrated services and solutions that meet today's buildings' complex needs," said Scott Beneteau, Vice President of Sales for Enercare Connections. "We are now able to offer our clients measurable energy management solutions and ongoing support to ensure their building is running efficiently and effectively, saving them time, money and energy."

As a single company, Enercare has the resources and expertise to provide its multi-residential clients with preferred pricing on ongoing commercial service and maintenance as well as new installations. Enercare also offers comprehensive and financially attractive rental and maintenance programs on a full range of commercial heating, water heating and cooling equipment.

"Synergies from the Direct Energy and Triacta acquisitions result in cost savings that we are able to pass on to our customers. As an Enercare client, you can make one phone call to your dedicated account manager and be confident you will receive industry leading service from the largest non-utility sub-metering company in Canada," said Beneteau. "At Enercare, we have the experience, resources and quality systems to provide reliable, long-term and best-in-class service."

About Enercare

Enercare Inc. is headquartered in Toronto, Ontario and publicly traded on the Toronto Stock Exchange (TSX:ECI). As one of Canada's largest home and commercial services and energy solutions companies with approximately 1,000 employees, Enercare provides water heaters, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services to more than 1.2 million customers. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada and through its Triacta division, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions. For more information on Enercare visit enercare.ca.


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For more information or to schedule an interview,
please contact: Enercare Inc.
Jeff Lanthier
[email protected]