MINNEAPOLIS, May 21 /PRNewswire-FirstCall/ -- Appliance Recycling Centers of America, Inc. today announced that Central Hudson Gas & Electric Corporation (Central Hudson) has selected the Company to be the official turnkey provider for the utility's Appliance Recycling and Rebate Program. ARCA will provide refrigerator, freezer and air conditioner recycling services and issue ENERGY STAR® rebates for the purchase of qualifying appliances for the New York utility's residential electric customers. The program will begin on May 29, 2010 and will run through March 31, 2012.
Through this program, Central Hudson electric customers have two convenient options to reduce their energy usage and receive financial incentives from the utility. Central Hudson's Air Conditioner (AC) Program launches May 29, 2010 and runs through September 15, 2010. Through this portion of the program, an eligible utility customer who surrenders an old, working air conditioner to a participating retailer will receive a rebate for the purchase of a qualifying replacement ENERGY STAR® AC. ARCA will properly recycle the old AC and mail the customer a rebate, which is $50 for the purchase of a qualifying window AC or $100 for the purchase of a qualifying through-the-wall model.
Central Hudson will also hold an AC Turn-In Event on Memorial Day weekend, May 29 and 30, 2010, at Sears in the Poughkeepsie Galleria. On that Saturday and Sunday, Central Hudson customers can bring their old, operating air conditioners to a designated station in the Sears parking lot, where ARCA will collect the units for recycling. Participating customers will be eligible for an ENERGY STAR® rebate for the purchase of a qualifying replacement unit.
The second portion of Central Hudson's program, the Refrigerator and Freezer Recycling Program, will launch mid-summer and run through March 31, 2012. Through this portion of the program, a Central Hudson residential electric customer who turns in an operating but energy inefficient refrigerator and/or freezer will be eligible for a $50 recycling incentive per unit. ARCA will perform in-home collection of qualifying refrigerators and freezers and properly recycle the units at no charge to the customer. Operating ACs will be accepted through this portion of the program when a qualifying refrigerator or freezer is collected; however, an incentive is not offered for the recycling of ACs.
Edward R. (Jack) Cameron, President and Chief Executive Officer, said: "We are extremely pleased to have the opportunity to provide turnkey appliance recycling and rebate services for Central Hudson's program, the second appliance recycling program ARCA provides services for in New York. By capitalizing on ARCA's extensive experience in high-volume, environmentally sound appliance recycling, Central Hudson will reduce residential electricity demand, help lower their customers' energy bills and provide public environmental benefits."
For further program information or to participate please visit SavingsCentral.com or call 1-866-706-3995.
About ARCA
ARCA (http://www.arcainc.com/), one of the nation's largest recyclers of major household appliances for the energy conservation programs of electric utilities, currently provides services for 150 utility programs in the U.S. and Canada. Toxic chemicals and environmentally harmful materials such as ozone-depleting refrigerants, PCBs, mercury and oil are carefully recovered in the appliance decommissioning process for destruction or disposal, preventing them from contaminating soil, air and water resources. The company is also the exclusive North American distributor for UNTHA Recycling Technology (URT), a materials recovery system for household refrigeration appliances.
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made, including the risks associated with general economic conditions, competition in the retail and recycling industries and regulatory risks. Other factors that could cause operating and financial results to differ are described in ARCA's periodic reports filed with the Securities and Exchange Commission. Other risks may be detailed from time to time in reports to be filed with the SEC.
Appliance Recycling Centers of America, Inc.
CONTACT: Edward R. (Jack) Cameron, CEO, or Peter Hausback, EVP and CFO,
both of ARCA, +1-952-930-9000
Web Site: http://www.arcainc.com/
