TORONTO, ONTARIO--(Marketwire - Jan. 27, 2012) - EnerCare Inc. ("EnerCare") (TSX:ECI) today announced that it has been awarded substantial new sub-metering business by three preeminent landlords. The award includes the installation of sub-metering systems, as well as the ongoing provision of billing and collection services to approximately 12,500 rental apartment suites in Ontario.
"We are extremely happy to have been chosen by these leading landlords to help them implement sub-metering as part of their energy conservation programs," said John Macdonald, President and CEO of EnerCare. "With these new awards EnerCare has further cemented its position as the sub-metering provider of choice for Canada's l andlords."
About EnerCare Inc.
EnerCare owns a portfolio of approximately 1.2 million installed water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns EnerCare Connections Inc., a leading sub-metering company, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.
Additional information regarding EnerCare is available on SEDAR at www.sedar.com or through EnerCare's website at http://investors.enercare.ca. Information on the sub-metering business is also available at www.enercareconnections.com.