CarCharging Partners with Crius Energy to Provide Electricity Services to
Residential and Commercial Customers
Electric car charging service provider offers electricity services for
residential EV charging to single-family and multifamily residential customers
MIAMI BEACH, Fla., Jan. 22, 2013
MIAMI BEACH, Fla., Jan. 22, 2013 /PRNewswire/ --Car Charging Group, Inc.
(OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric
vehicle (EV) charging services, through its wholly owned subsidiary CCG
Energy, LLC, announced a sales partnership with one of the largest independent
energy suppliers in the United States, Crius Energy, LLC, through its
subsidiary, Public Power, a leader in the retail energy industry. Through this
relationship, CarCharging is able to provide competitive rates for all
electricity services, including EV charging, to residential and commercial
customers in states with deregulated energy markets.
Public Power is licensed to provide energy services in Connecticut, Illinois,
Maryland, New Jersey, New York, Ohio, Pennsylvania and Washington, D.C. As a
partner of Public Power, CarCharging is able to offer decreased electricity
costs for residential and commercial properties, including its property
partners, which should also reduce the cost for the EV drivers that recharge
their EVs at CarCharging's participating partners' locations.
"Our sales partnership with Public Power allows us to aggregate our
electricity purchases and pass significant savings on to our property owner
partners, EV drivers, as well as to new residential and commercial customers,"
said Michael D. Farkas, CEO of CarCharging. "This relationship also enables
CarCharging to offer electricity services for residential EV charging to
single-family and multifamily residential customers, and can include public EV
charging services, for one combined price."
"Public Power offers customers the option to choose discounted energy supply
services while staying with the local utility for delivery and maintenance and
we are pleased to offer those savings to CarCharging's customers," said
Vjollca Jusufi, Public Power. "Public Power is a proud supporter of green
programs and partners, such as CarCharging, that help America become more
Additionally, through Public Power's "clean green" program, CarCharging is
able to offer customers electricity generated from 100% renewable energy
sources. This will assist CarCharging in decreasing harmful greenhouse gas
emissions associated with conventional energy production methods, which will
result in far fewer harmful impacts on the environment.
About Car Charging Group, Inc.
Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public
electric vehicle (EV) charging services at accessible and convenient
locations. Headquartered in Miami, Florida with offices in California, Canada,
and Spain, CarCharging is committed to creating a robust, feature-rich network
for EV charging. CarCharging typically pays for all hardware, installation,
maintenance and related services; therefore, eliminating initial capital costs
for all property owners.
CarCharging has more than 45 strategic partnerships across various business
sectors. CarCharging's partners manage or own a total of 6.5 million parking
spaces, and include, but are not limited to Ace Parking, Central Parking,
Equity One, Equity Residential, Forest City Enterprises, Walgreens,
Pennsylvania Turnpike Commission, City of Miami Beach, and the City of
Norwalk, Connecticut. CarCharging's services utilize EV charging stations
manufactured by ChargePoint®.
For more information about CarCharging, please visit www.CarCharging.com.
About Public Power
Founded in 2008, Public Power is a leader in the retail energy industry, and a
subsidiary of Crius Energy, LLC, one of the largest independent energy
suppliers in the United States. With the deregulation of electricity and
natural gas in many states, Public Power gives people a choice for their
energy provider. Public Power is headquartered in Connecticut, and is also
licensed to offer energy supply services in Illinois, Maryland, New York, New
Jersey, Ohio, Pennsylvania and Washington, D.C., and provides service to more
than 200,000 residential and commercial clients.
Forward-Looking Safe Harbor Statement
This press release contains forward-looking statements as defined within
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. By their nature, forward-looking
statements and forecasts involve risks and uncertainties because they relate
to events and depend on circumstances that will occur in the near future.
Those statements include statements regarding the intent, belief or current
expectations of Car Charging Group, Inc., and members of its management as
well as the assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, and that
actual results may differ materially from those contemplated by such
forward-looking statements. Car Charging Group, Inc. undertakes no obligation
to update or revise forward-looking statements to reflect changed
CarCharging Media Contact: CarCharging Investor Relations:
Suzanne Tamargo Constellation Asset Advisors, Inc.
(305) 521-0200 x214 (415) 524-8500
Crius Energy Contact:
Coltrin & Associates (for Crius Energy)
212-221-1616 ext. 102
Jennifer_webb@coltrin.com | criusenergy.com
SOURCE Car Charging Group, Inc.
Press spacebar to pause and continue. Press esc to stop.