GPU Energy Incentives Point the Way For Converting to New Traffic Signal Technology.

MORRISTOWN, N.J.--(BUSINESS WIRE)--March 31, 1999-- Municipalities, counties and cities across GPU Energy's New Jersey service territory, as well as the state, can gain cash rebates by switching to new LED (Light Emitting Diode) Traffic Lights. GPU Energy is offering rebates of up to $50 per individual signal for installation or retrofitting with LEDs.

Signals with this new LED technology last years longer than the original incandescents, have reduced maintenance cycles and have a seven-year life span and warranty.

In order to promote this technology, GPU Energy is offering cash incentives to help offset the installation cost of these easy-to-install LED signals. Rebates include $35 for each eight-inch and $50 for each 12-inch traffic signal installation or retrofit. A combined red and green traffic signal installation or retrofit is required to be eligible for rebates under this program.

Signals with LED technology have a 12 to 36 month average payback projection and consume up to 85 percent less energy than the original incandescents. "The LED technology is an easy, affordable way for municipalities, counties, cities and even the state to save money and energy annually on the operation and maintenance of traffic signals," said GPU Energy Municipal Consultant, Stephen T. Del Guercio.

For more information about this program or to request a rebate application, contact GPU Energy at 1-800-823-6462. GPU Energy must receive completed applications and new installations or retrofits must be finalized before the program's expiration date of December 31, 1999.

GPU Energy is the trade name for three domestic utility subsidiaries of GPU Inc. The GPU Energy Companies (Jersey Central Power & Light, Metropolitan Edison Company and Pennsylvania Electric Company) service two million electric customers and operate the largest electric distribution system across New Jersey and Pennsylvania.