Clearwater Gas System is First to Join APGA Hometown Energy Loan Program; Yankee Financial Provides Financing.MERIDEN, Conn.--(BUSINESS WIRE)--July 20, 1998--(NYSE NYSE See: New York Stock Exchange :YES)--The American Public Gas Association (APGA APGA American Public Gas Association APGA American Public Gardens Association (Wilmington, Delaware) APGA All Progressives Grand Alliance (Nigeria) APGA American Personnel and Guidance Association ) has announced Clearwater Gas System, Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. has become the first APGA member to offer the new Hometown Energy Loan Program (HELP) to its customers. The Hometown Energy Loan Program was created by the APGA in conjunction with Yankee Energy System, Inc., of Meriden, Connecticut
Please [ improve this article] or discuss the issue on the talk page. Company, to provide APGA members with the opportunity to offer financing to their customers for home energy improvements. "Our 14,000 customers can truly benefit from this program," explained Chuck Warrington, Managing Director of the Clearwater Gas System. "As a municipal utility, we couldn't afford to offer this program on our own. With the APGA and Yankee Energy, now we can." Through HELP, customers of APGA member utilities will be able to finance home energy improvements up to $15,000 for as long as ten years while locking in a fixed interest rate. There are no prepayment penalties Prepayment penalty A fee a borrower pays a lender when the borrower repays a loan before its scheduled time of maturity. . The utility is protected from losses that may occur from defaulted loans, thereby eliminating credit risk. The improvements are carried out by authorized contractors who are selected by the APGA member utility, based on qualifications that reflect solid business practices and quality workmanship. The APGA represents 482 municipally-owned gas systems in 36 states serving over 3.8 million energy users. "We have been seeking a way to marshal all the advantages of improving the energy efficiency for our member's customers homes. We have also been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a flexible financing tool that can be used in conjunction with local contractors. We found both in the program Yankee Financial offered," said Bob Cave, Executive Director of the APGA. Warrington will discuss his company's involvement in HELP at the APGA's annual conference August 2 - 5 in Long Beach, Calif. For more information about the financing program or the conference, call toll-free 877-926-5334. Yankee Energy Financial Services is a part of Yankee Energy System Inc. Yankee Energy System is the parent company of Yankee Gas Services Company, the largest natural gas distribution company in Connecticut, serving approximately 181,000 customers in 68 cities and towns. Yankee Energy is also the parent of Yankee Energy Services Company (YESCo), providing consulting, procurement and development for on-site generation and cogeneration systems, as well as comprehensive building automation and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free equipment services.
CONTACT: Geralyn Johnson-Reis
203/639-4645
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