Power-Save Energy Company Announces Sales for Residential Solar Powered Systems

Friday, Sep 03, 2010

Power-Save Energy Company (OTC:PWSV) (BULLETIN BOARD: PWSV) , an emerging leader in the renewable energy and energy efficiency products industry, announced today that it has sold 20kw of residential solar systems in the last three months. Power-Save Energy Co. has supplied CA Power Save and other Power-Save resellers with over 20kw of solar systems for installation on homes in several states.

These sales are significant to Power-Save Energy Co. in that it shows signs of increasing demand for residential solar within the US residential market. Power-Save has experienced an aggressive drop-off in demand for solar arrays during this economic crisis, and these recent sales represent a small but significant turn in our residential orders.

Michael Forster, Power-Save Energy Company CEO also stated, "We will certainly attempt to expand on these recent sales within the residential solar business. Our sales have been hurt by the lack of consumer credit, but these recent sales demonstrate to us that there is a segment of the market that is willing to push forward with solar before the cost per watt rises dramatically."

Source: PR Newswire