SOURCE: EnerCare Inc.

Enercare Inc.

July 05, 2016 07:30 ET

Enercare Connections and Park Property Management Agree to Renew Sub-Metering Services for Over 6,900 Rental Units

TORONTO, ON--(Marketwired - July 05, 2016) -

  • Park Property renews sub-metering service with Enercare Connections for over 6,900 units across 53 rental properties in Ontario
  • Park's properties are equipped with meters from Triacta Power Solutions, an Ottawa-based industry leader of advanced sub-meters owned by Enercare Connections

Enercare Connections Inc. ("Enercare Connections"), a wholly-owned subsidiary of Enercare Inc. and one of Canada's leading sub-metering providers for multi-residential and commercial buildings, has announced an agreement with Park Property Management Inc. ("Park Property") for the renewal of electricity sub-metering services for over 6,900 units across 53 rental properties across Ontario.

Park Property's buildings are equipped with meters from Triacta Power Solutions, an Ottawa-based industry leader of advanced sub-meters owned by Enercare Connections.

"Enercare is pleased that Park Property has decided to continue this mutually productive and positive partnership," said John Macdonald, President and CEO of Enercare Connections. "Park Property is a valuable Enercare client and an important leader in Ontario's rental housing industry. We are committed to continuing to provide Park Property and their tenants with reliable and cost-effective sub-metering solutions and excellent customer service."

"Our tenants are in good care with Enercare Connections," said Margaret Herd, Senior Vice-President, Residential Property Management of Park Property. "Enercare has demonstrated a commitment to long-term service, which brings stability to our business and allows us to continue to focus on providing excellent service to tenants."

About Enercare Inc.

Enercare Inc. is headquartered in Toronto, Ontario, Canada and is publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of North America's largest home and commercial services and energy solutions companies with approximately 3,800 employees under its Enercare and Service Experts brands, Enercare is a leading provider of water heaters, water treatment, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services. With operations in Canada and the United States, Enercare serves approximately 1.6 million customers annually. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites in Canada and through its Triacta brand, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

For more information on Enercare visit enercare.ca. Additional information regarding Enercare is available on SEDAR at www.sedar.com.

Contact Information

  • For further information, please contact:

    Investors & Analysts:
    Evelyn Sutherland
    Chief Financial Officer
    1.416.649.1860
    esutherland@enercare.ca

    Enercare Connections:
    John Piercy
    Senior Vice President and General Manager
    1.416.649.6978
    jpiercy@enercare.ca