More News from CGE Energy

CGE Energy Inc. Letter from the CEO

Posted Tuesday, August 01, 2023

CGE Energy President/CEO Bryan Zaplitny issues update letter to shareholders.

Orange Silicon Valley selects CGE Energy’s Subsidiary Aradatum as a winner of the “Green IT Challenge 2023”

Posted Monday, May 01, 2023

CGE Energy’s wholly-owned subsidiary, Aradatum is excited to announce that it is a winner of Orange Silicon Valley’s “Green IT Challenge 2023”. As a Challenge winner, Aradatum now has an opportunity to conduct an exploratory project with business units of Orange.

CGE Energy Inc. – Shareholder Frequently Asked Questions

Posted Thursday, March 16, 2023

All forward-looking statements included on this page are based on information available to us on the date hereof and speak only as of the date hereof.

Shareholder Update (February 22, 2023)

Posted Wednesday, February 22, 2023

This Shareholder Update covers CGE's annual shareholder meeting scheduled for March 3, 2023 and CGE's ceasing to support the OTC Pink market.

CGE Energy Announces Revised Go-Forward Plan with Aradatum

Posted Tuesday, October 11, 2022

CGE Energy is pleased to announce that yesterday its Board of Directors unanimously approved a revised go-forward plan for its wholly-owned subsidiary, Aradatum, Inc.

CGE Energy Achieves 90% Lighting Energy Savings for Metro Detroit’s Avis Ford with Cree LED Lighting

Posted on Wednesday, July 15, 2015 in News

CGE Energy (MKBY. MKBY:OTCPink) recently completed a Cree® LED lighting project at Avis Ford, a nationally ranked automotive dealership in Southfield, Michigan. This Cree^® LED Lighting upgrade is on track to save Avis Ford over $440,000 in energy and maintenance costs over the next 10 years.

Avis Ford’s heavy involvement in the community and its genuine customer service have made the dealership branded as “the dealership with the heart”. Proud to be the nation’s leading single-point African American owned dealership, Avis Ford has received the Ford President’s Award nine times in recognition of their sales and service excellence. For the past 60 years, Avis Ford has been the go-to place for new and pre-owned Ford vehicles as well as auto service and collision needs.

As an engineer by trade, Avis Ford owner Mark Douglas understood the advantages of LED lighting. “Energy savings were the driving force for the lighting upgrade. The choice for using LED technology was straightforward. The only question was when.” The perfect time came prior to the utility’s annual peak kW demand being established and before the daylight hours became shorter in the fall. They looked to CGE Energy to help with this cause by improving their dealership’s parking lot lighting with energy efficient Cree^® LED lighting.

The project was immediately cash flow positive and had a return on investment of 2.5 years. Securing a $25,000 energy rebate and utilizing low-interest financing from one of CGE Energy’s financing partners, Curtis Funding Group, also made not waiting to install the project an easy decision.

After optimizing a lighting layout, CGE Energy upgraded Avis Ford’s previous metal halide pole fixtures to energy efficient Cree^® OSQ™ Series Area luminaires and wall mounted fixtures to Cree^® XSPW™ LED Wall Mount luminaires. Douglas and his team were impressed by Cree^®’s Multi-Level controls, which allow the lighting fixtures to dim when there is no activity, achieving additional energy savings– totaling a substantial 90% reduction in lighting energy consumption.

“I am very happy with the results. The install was smooth and easy and the lighting looks great at night,” said Douglas. With true-to-life color rendering, the Cree^® fixtures put light exactly where designed. “Our neighbors really appreciate it too,” Douglas said referring to nearby residents not having to worry about excess light spilling outside of the dealership’s property.

Avis Ford also saw the benefit of being part of CGE Energy’s R.A.M.P™ (Review, Analyze, Modify, and Protect) Lighting Maintenance program. R.A.M.P™ is a worry-free lighting maintenance service that will keep the Avis Ford’s parking lot and interior showroom looking their best throughout the lifetime of the lighting. “CGE has been very responsive and are there making repairs within a day or two,” concluded Douglas.

Contact: Paul Schneider 248-446-1344, pschneider@cgeenergy.com

About CGE Energy

CGE Energy is a renewable energy and energy efficiency company headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy solutions and is now offering Power Purchase Agreements. Today the company serves customers in the U.S. and abroad, using energy efficient technologies that include Cree^® LED lighting, their patented WIND•e20^® wind turbine and SolarWorld^® solar generation. CGE Energy is now a publicly traded company. CGE will trade under the ticker symbol MKBY:OTCPink until FINRA approval of symbol change. http://www.cgeenergy.com

About Avis Ford

Since 1946, Avis Ford, “the dealership with the heart”, providing sales and service for new Ford vehicles and a variety of pre-owned vehicles. The Southfield, Michigan dealership is dedicated to providing complete customer satisfaction, whether purchasing a vehicle, receiving auto financing, or needing service, parts or the Collision Center. http://www.avisford.com

About Cree 

Cree, Inc. is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. Cree is a market-leading innovator of lighting-class
LEDs, LED lighting and semiconductor products for power and radio-frequency (RF) applications. http://www.cree.com

Certain statements made in this release constitute forward-looking statements and do not guarantee future performance. Actual results or developments may differ materially from the projections in the forward-looking statements.