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Shareholder Update (February 22, 2023)

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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 Innovative Utility Rebate Guarantee Program for LED Upgrades

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CGE Energy today announced a unique utility rebate guarantee program that allows commercial facilities to take advantage of utility rebates, even if there are no funds available from their local utility.

State and local utilities have been very successful with their energy efficiency rebate incentives, but they have set defined limits for them. Each year these rebate programs run out of funding toward the end of summer. For example, high demand for energy rebates has already pushed DTE Energy’s program to 100 percent capacity for 2014.

“The fall is when businesses shift their focus to their exterior lighting. With daylight hours shortening, night time appearance, safety, and energy efficiency become top priorities,” said Bryan Zaplitny President and CEO of CGE Energy, “Our customers no longer need to wait to reduce energy use and improve their bottom line.”

Regardless of rebate availability, CGE Energy will match and guarantee 75 percent of a customer’s local utility’s 2014 rebate value. CGE Energy’s rebate will be taken off of the project cost, so there’s no waiting six to eight weeks for the rebate to come back.

“Our experience has been that energy efficiency projects save dealerships an average of $4000 a month in direct energy costs,” said Danielle Moore an account executive for CGE Energy, referring to LED lighting upgrade projects. This year CGE Energy has helped dealerships across southeast Michigan gain substantial rebates and energy savings.

See the attached PDF for more information.

For further information about this release contact Paul Schneider, Media Relations, 248-446-1344, pschneider@cgeenergy.com and/or Rich Kaiser, Investor Relations, 757-306-6090, yes@yesinternational.com

About CGE Energy

CGE Energy (currently known as Clean Green Energy LLC) is an energy solutions provider headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy optimization services and purchase power agreements.Today the company serves customers in the U.S. and abroad, using energy efficient technologies that include Cree LED lighting and wind and solar generation. CGE is taking steps to merge with publicly traded McKenzie Bay International (MKBY:OTCPink) later this year.

Certain statements made in this press 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. Forward-looking statements are based solely on the estimates and opinions of management at the time the statements are made.