updated 2/1/2011 10:19:27 AM ET 2011-02-01T15:19:27

STAMFORD, Conn., Feb. 1, 2011 (GLOBE NEWSWIRE) -- Many businesses dream of being more energy efficient but too often the high cost of new equipment in today's tight economy causes those dreams to die. Soon though, that dream will become much more attainable for businesses in the Northeast United States thanks to a program offered by National Grid.

Under the Small Business Efficiency Program, National Grid will pay up to 70 percent of the cost of installing energy efficient equipment for any business that uses an average of 100 kilowatts or less per month. National Grid services more than 3.4 million customers in New England and New York. 

"This is a tremendous program that helps businesses take the much needed step towards true energy efficiency," said Bill Lang, MXenergy Commercial and Industrial Senior Sales Director. "As we observe the unrest in Egypt and other parts of the world, we recognize the volatility of the natural gas market. We are always encouraging all of our commerical customers at MXenergy to continually strive for greater energy efficiency and hope all of them will take advantage of this incredible cost-saving program."

SmartWatt Energy, which serves as the program's administrator, conducts a free energy audit and prepares a list of recommended energy efficiency improvements. National Grid will then cover up to 70 percent of the cost of certain improvements, such as lighting upgrades, occupancy sensors and refrigeration improvements. The program runs through the end of the year.

About MXenergy

MXenergy is one of the fastest growing retail natural gas and electricity suppliers in North America, serving approximately 500,000 customers in 41 utility territories in the United States and Canada. For over 11 years, the company has provided millions of customers with a choice in how they purchase energy to run their homes and businesses. Founded in 1999 to provide natural gas and electricity to consumers in deregulated energy markets, MXenergy helps residential customers and small business owners control their energy bills by providing both fixed and variable rate plans. MXenergy is committed to best practices in environmental conservation, supporting local communities through various outreach programs and is a member of the Chicago Climate Exchange.  For more information about MXenergy please visit www.mxenergy.com.

CONTACT: Marjorie Kass (203) 356-1318 ext. 7801
         Managing Director
         mkass@mxenergy.com
         
         Laurel O'Connor (209) 782-7212
         NorthStar Media Management LLC
         laurel@northstarmediamanagement.com

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