SOURCE: EnerCare Inc.

Enercare Inc.

April 19, 2016 12:31 ET

Enercare Connections and Starlight Investments Agree to Sub-Metering Services for 6,264 Rental Units

TORONTO, ON--(Marketwired - April 19, 2016) -

  • Starlight Investments Renews Sub-Metering Service With Enercare Connections for 5,876 Units Across 79 Rental Properties and Adds 388 New Units Across Five Additional Properties
  • Starlight Investments Properties Are Equipped With Meters From Triacta Power Solutions, an Ottawa-Based Industry Leader Owned by Enercare Connections

Enercare Connections Inc. ("Enercare Connections"), a wholly-owned subsidiary of Enercare Inc. and Canada's largest non-utility sub-metering provider for multi-residential and commercial buildings, has announced an agreement with Starlight Investments Ltd. ("Starlight") for the renewal of electricity sub-metering services for 5,876 units across 79 rental properties and an additional 388 new units across five properties in Ontario. Starlight properties are equipped with meters from Triacta Power Solutions, an Ottawa-based industry leader owned by Enercare Connections.

The agreement continues Enercare's positive momentum from 2015, which saw a growth of approximately 30,000 units in sales, representing an approximately 58 per cent increase over the previous year. 

"Enercare is pleased to continue our positive and productive partnership with Starlight," said Ephram Spiegelman, Vice President, Sales, Enercare Connections. "Starlight is a long-standing Enercare client and a leader in Ontario's rental housing industry. We are committed to continuing to provide Starlight and their tenants with reliable and hassle-free sub-metering service."

Enercare will continue to manage all metering, billing and customer service matters directly with residents.

"With Enercare, our tenants are in good hands," said Daniel Drimmer, Founder & CEO of Starlight. "Enercare's commitment to long-term service 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 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, visit enercare.ca.

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