CEG provides a wide array of services, including the design and installation of new “green” energy systems, energy savings audits with payback analysis, assistance in obtaining tax rebates and credits from local municipalities on energy-saving projects, as well as offering financing alternatives to facilitate new projects. Since its inception in 2007, Commonwealth Energy Group has serviced more than 600 clients, retrofitted more than 15 million square feet with new lighting, delivered greater than 112 MWh in savings, and generated in excess of $10.0 million of tax incentives. CEG’s services cater to both domestic and international companies, some of which have included Sandvik Steel, Standard Parking, Millwood Manufacturing, CHEP Manufacturing, Diversified Information Technologies, the New Jersey Railroad and Furmano Foods.
Louis Evans, Commonwealth Energy Group’s CEO, stated, "We are delighted to enter into this agreement with SunSi having access to additional resources and competitive products which will expedite growth for Commonwealth Energy. Our expertise will also provide great benefit to SunSi and we look forward to a long-term partnership.”
David Natan, SunSi'schief executive officer, stated, “Partnering with Commonwealth will enable us to provide comprehensive, turnkey LED solutions to our customers. In addition to providing high-performing LED lighting products, we can now offer initial energy audits and effectively guarantee the potential energy savings prior to installation. Furthermore, we will have the ability to assist our customers through the processes of generating and collecting tax savings and rebates with local utility companies and in the proper environmental disposal of their old lighting products.”
Richard St-Julien, SunSi'schairman, stated, “Commonwealth is a superb fit for SunSi. In today's competitive environment, customers are looking for a one-stop resource to provide complete energy solutions and services. Our vision is to serve our customers in this manner as a sole source provider.”
Mr. St-Julien further stated, “Commonwealth has a vast amount of expertise, a demonstrated track record, and an excellent reputation. Historically, they have used a large network of LED providers in their projects. Now by utilizing SunSi's high quality, competitively priced LED products, we firmly believe that Commonwealth will be able to generate many new opportunities for SunSi. In turn, we intend to incorporate Commonwealth's knowledge and service platform throughout our business segments.”
SunSi is the exclusive distributor in the U.S., Canada, and Mexico of Light Emitting Diode (“LED”) commercial lighting products and fixtures for a premier LED manufacturer, Lightsky. An LED is a semiconductor device which converts electricity into light. The LED light is considered “green” because of the absence of dangerous chemicals and an accompanying significant reduction in energy consumption depending on the application, from 50 to 70 percent of traditional lighting products.