Veridian to Reward Customers Who Help Lower Electricity Demand During Peak Periods



    AJAX, ON, Aug. 21 /CNW/ - Veridian is asking customers to do their part
when it comes to reducing energy use during periods of peak demand.
    Eligible customers can now sign up for peaksaver(TM), a program which
allows Veridian to temporarily cycle down participating customers' central air
conditioners to help reduce the strain on the electricity system on summer
days when electricity use is at its peak. Air conditioners will only be cycled
down when absolutely necessary.
    As part of the program, Veridian installs a device that allows a wireless
signal to remotely adjust the operation of the air conditioner. Depending on
the installation, this is done by raising the thermostat setting a few degrees
or by cycling the air conditioner on and off for brief periods. The change in
indoor temperature is hardly noticeable as the fan continues to run to
circulate cool air.
    Typically Veridian will only take actions to reduce electricity use on
weekdays, not on weekends or holidays. The events last no longer than four
hours.
    Those who join can feel great knowing they're doing something good for
the environment. And that's not all, participants of peaksaver(TM) receive a
$25 incentive payment and a free Honeywell programmable thermostat
professionally installed at no cost - a value of about $250.
    "This is an easy way for our customers to help out and reduce their
electricity use when Ontario's electricity system is under strain," said
Michael Angemeer, Veridian's President and CEO. "It's important we all do what
we can to conserve."
    For more information and to register for peaksaver(TM), Veridian
customers can call 1-866-323-0206 or visit www.veridian.on.ca.

    Through its subsidiary Veridian Connections Inc., Veridian Corporation
safely and reliably delivers electricity to more than 108,000 customers in the
Cities of Pickering and Belleville, the Towns of Ajax, Port Hope and
Gravenhurst, and the communities of Uxbridge, Bowmanville, Newcastle, Orono,
Port Perry, Beaverton, Sunderland and Cannington. The Corporation also owns
Veridian Energy Inc., a Pickering, Ontario based company that provides
business-to-business and fibre optic communications services. The City of
Pickering, the Town of Ajax, the Municipality of Clarington and the City of
Belleville jointly own Veridian Corporation.

    Veridian is proud to be a founding member of powerWISE(R), a brand
created to promote energy conservation and reduce the demand for electricity
in Ontario. powerWISE(R) is a joint initiative of the Ontario government and
six of Ontario's largest electricity distribution companies. For more
information, visit: www.veridian.on.ca and www.powerwise.ca.





For further information:

For further information: George Armstrong, Manager of Regulatory Affairs
and Key Projects, Veridian Connections Inc., (905) 427-9870 extension 2202

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