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More News from CGE Energy

CGE Energy President’s Update - September 2017

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Each startup has an origins story. CGE Energy has been a story about ingenuity, drive and commitment. CGE Energy has a higher calling — a larger purpose to make a difference. But for a small company like ours, scaling the business to reach that calling, a team must have the vision, the plan and the resourcefulness to execute when all odds are against them.

Chief Financial Officer Harold Telners Joins CGE Energy Executive Team

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CGE Energy announces that Mr. Harold Telners, a Certified Public Accountant and seasoned financial executive, joined the Company’s leadership team as Chief Financial Officer (CFO). With over 30-years of experience, Telners will oversee CGE Energy’s finance and accounting departments.

CGE Energy: One More Municipality Sustained, 89,000 To Go

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Brighton, MI – In supporting local government agencies, like recent project for Garden City DDA, CGE Energy (OTCPink:CGEI) is dedicated to helping municipalities across the U.S. to serve their communities by reducing public energy consumption and generating clean, renewable power. With 89,004 local governments nation-wide, according to the U.S. Census Bureau, and with many agencies within each, CGE Energy sees an immense opportunity to make a difference.

The federal government has mandated the improvement of energy efficiency in federal government buildings and an increase in power supplied by renewable sources. The requirements are expected to reduce the government’s carbon emissions by 40% over the next decade.

In response, CGE Energy has just released its CGE Sustain program, which allows municipalities to implement energy efficiency and renewable energy upgrades at municipal buildings and roadways with immediate positive cash flow and no upfront costs. All maintenance and ongoing servicing is included to reduce a local government’s expense budget.

Local governments typically need to issue administrative intensive bonds, apply for grants, or seek traditional bank loans to install an energy upgrade. With CGE Sustain, eligible institutions can enjoy substantial energy savings, lessen lengthy RFP processes and have no upfront costs.

In a society increasingly focused on environmental responsibility, public sector institutions are ideal candidates for leadership in new energy technology. When the primary responsibility of government is to serve the community, it is critical for energy choices to be grounded in both sustainability and fiscal responsibility. CGE Energy has created their Sustain program to help meet those needs.

The CGE Sustain program is another solution to add to CGE Energy’s long history of serving local governments. According to their released success stories, some of these projects include 2 million square feet of the Michigan Capital Complex, 41 Michigan State Police posts, as well as many city halls, fire stations, libraries, civic centers and streetlighting projects.

To conclude, streetlighting alone represents enough energy consumption needed to power almost 2 million homes each year. There are an estimated 26 million streetlights in the United States, and the conversion from conventional street lighting to LED technology has only approached approximately 10% saturation of existing U.S. street lighting.

To learn more about the CGE Sustain program, interested parties can visit CGE Energy’s website, http://www.cgeenergy.com/.

About CGE Energy

CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree LED lighting, their patented WIND-e20 wind turbine and leading solar generation technologies. http://www.cgeenergy.com

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