SOURCE: EnerCare Inc.

Enercare Inc.

November 16, 2016 07:00 ET

New Enercare Finance Plan makes it easier than ever to purchase heating and cooling equipment

TORONTO, ON--(Marketwired - November 16, 2016) - Enercare Inc. ("Enercare") (TSX: ECI) has launched a new finance program for residential customers making it faster and easier than ever to finance energy efficient home comfort products like furnaces, air conditioners and water treatment equipment.

The Enercare Finance Plan provides customers with an efficient and user-friendly program that allows them to deal directly with Enercare for the purchase and financing of their equipment. Every Enercare Energy Management Consultant in the field is equipped with a tablet and app that enables quick onsite credit approvals and enrollment in the plan. This eliminates customers having to delay the purchase and installation of their HVAC products while waiting for credit approvals.

"Enercare is committed to providing our customers with products and services that make it easy for them to manage their home services equipment," said John Macdonald, President and CEO of Enercare. "Launching the new Enercare Finance Plan helps us leverage digital and mobile technology to better facilitate an easy and smooth transaction with our customers."

The Enercare Finance Plan features an automated credit approval process, real-time quote comparisons based on financing options or amounts, and up to 180 month terms. Features of the plan also include deferral options for up to 12 months and a completely open contract allowing customers to prepay or pay their remaining balance in full at any time and without any penalty.

"We continue to transform the customer experience in the home services industry through the introduction of digital platforms like the industry-first Enercare mobile app and our new in-house finance plan," said Macdonald. "As customers become increasingly connected to us through their mobile devices and other digital channels, we are positioned well to deliver on our connected home strategy that will further establish Enercare as the leading home comfort and home services brand in North America."

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.

SOURCE: Enercare Inc.

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