October 8, 2007

Terasen Gas joins BC Hydro, FortisBC to offer incentive to upgrade residential heating systems

SURREY, BC, - Terasen Gas is offering its residential customers an opportunity to save money and protect the environment by reducing greenhouse gas emissions. "We've teamed up with FortisBC and BC Hydro to offer homeowners the new Energy Star(R) Heating System Upgrade," said Sarah Smith, manager of marketing and energy efficiency for Terasen Gas. Residential clients who replace their old home heating systems with an Energy Star high-efficiency, natural gas furnace or boiler between September 1, 2007 and March 31, 2008, will receive a $250 credit on their Terasen Gas bills. Those purchasing a furnace with a variable-speed motor will get an extra $50 credit. In addition, installations completed by January 31, 2008 will qualify for further savings ranging from $150 to $1,000 through any one of 15 different leading-brand manufacturer rebates. As well, Energy Star furnace models are exempt from BC's provincial sales tax, another 7% in savings. Terasen notes that home heating accounts for about 60% household energy costs, and furnaces ten or more years old average only about 60 to 70% annual fuel utilization efficiency, so upgrading to a high-efficiency natural gas heating system can lower monthly energy bills and reduce environmental emissions. "By encouraging our customers to use energy as efficiently as possible, we're helping them conserve energy, as well as lowering their monthly bills and reducing greenhouse gas emissions. And we're getting results. Over the past five years we have helped customers reduce their costs by $7 million annually and greenhouse gas emissions by 45,000 tonnes per year," said Smith. More information is available on-line at www.terasengas.com.

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