Legend Power Blog

Now when you install Legend Power’s smart transformer, the Electrical Harmonizer-AVR, in your building it will contribute up to 5 points to your LEED certification. Kyle Anders, a Sustainable Design Specialist, states:

5 points is a very noteworthy contribution in my experience, it is rare that a single product/technology can have this high of an impact.  I don’t have experience with evaluating other voltage optimization technologies, but since LEED emphasizes reductions in energy cost (rather than just energy), Legend has the advantage over many other energy savings technologies since it impacts electricity (the more expensive portion of a building’s energy use), compared to other technologies that may generate heating fuel savings but not electricity savings.

Read the full press release.

According to the U.S. Green Building Council (USGBC), LEED, which stands for Leadership in Energy & Environmental Design, is an internationally recognized certification system for green building. Originally developed by the U.S. Green Building Council, it certifies both residential and commercial buildings, providing third-party verification (through the Green Building Certification Institute) that a building is operating in the most sustainable way possible. 

As the Canada Green Building Council notes, LEED certification gives you recognition for your sustainability efforts and allows you to qualify for government funding incentives.

LEED measures a building’s performance in the following areas:

• Sustainable Sites – looks at where a building is built and its impact on the ecosystem.
• Water Efficiency – encourages smarter water use.
• Energy & Atmosphere – promotes efficient and clean energy use.
• Materials & Resources – encourages sustainable building products and materials.
• Indoor Environmental Quality – promotes improving indoor air quality and access to natural daylight.

According to USGBC, Building’s are rated out of a possible 100 points, with the potential for 10 bonus points. Certification requires 40+ points, Silver is 50+ points, Gold+ is 60 points and Platinum requires 80+ points.

LEED Rating Systems include:

• New Construction
• Existing Buildings: Operations & Maintenance
• Commercial Interiors
• Core & Shell
• Schools
• Retail
• Healthcare
• Homes
• Neighborhood Development

The first step to LEED certification is registering your building or project. To register in the US, visit LEED Online. Canada has adapted USGBC’s rating system to work within it’s own climate and building regulations. To register in Canada, visit Canada Green Building Council.

International Distribution Launches as Domestic Sales Momentum Builds

Burnaby, British Columbia, May 20, 2010 – Legend Power Systems Inc. (“Legend Power”) (TSX-V: LPS) (FSE:XLE) announces that it has signed a Memorandum of Understanding with ElectroFlow Solutions (UK) Limited (EFS) to purchase the distributor license for Legend’s patented electrical conservation technology in the United Kingdom. The agreement includes an initial system as well as engineering and training services leading to the execution of a full distributor license.

Electricity rates in the UK are two to three times those in Canada and with the country’s switch from UK 220v to the EU standard 230v, forced over voltage energy waste is a significant problem that Legend Power’s Harmonizer-AVR’s conservation voltage reduction technology is well positioned to resolve.

With a bespoke manufacturing facility in Gorleston, Norfolk, and headquarters at the Beacon Innovation Centre, EFS offers a range of energy-efficiency and Power Quality services which help the largest users of electricity in the UK to cut their carbon footprint, and save money. The company’s engineers are NIC qualified, and have a minimum of 5 years experience of electrical engineering.

“The ability of the Harmonizer-AVR to add incremental savings to EFS’ current line up of conservation technologies, combined with the company’s strong engineering team and respected reputation among many of that country’s major brand, key accounts makes this an excellent partnership for both organizations and accelerates Legend’s international sales in a solid and familiar overseas market”, said Gerry Gill, Chairman and CEO of Legend Power Systems Inc.

View the full press release.

Legend Power’s Ontario Market Potential More Than Triples

Burnaby, British Columbia, May 10, 2010 – Legend Power Systems Inc. (TSX-V: LPS) (FSE: XLE) (“Legend Power”) advises that as of April 14th 2010, the Ontario Power Authority substantially increased their conservation incentive funding across the entire province of Ontario for non-lighting technologies such as the Electrical Harmonizer-AVR, more than tripling both Legend Power’s incentive funding in the regions outside Metro Toronto and the company’s addressable market size.

The Electricity Retrofit Incentive Program, better known as ERIP, has increased incentive funding to $800/kW from $250/kW for non-lighting measures. This program, while funded by the Ontario Power Authority, is executed and administered by Local Distribution Companies (LDCs) throughout the province. This funding increase now allows our customers outside of the 416 exchange to achieve a three year or better payback in qualified facilities on the purchase of Legend Power’s smart grid technology.

View the full press release.

Momentum Builds with Sales to Nation’s Largest Hardware & Renovation Retailer

Burnaby, British Columbia, April 26, 2010 – Legend Power Systems Inc. (TSX-V: LPS) (FSE: XLE) (”Legend Power”) is pleased to announce the largest Canadian distributor and retailer of hardware, renovations and gardening supplies will install its first Legend Power Electrical Harmonizer-AVR in one of their Toronto stores. Their commitment to the environment and sustainability led the company to choose Legend Power’s smart grid technology thereby reducing their annual energy costs and a reduction in green house gas emissions. The company has 700 corporate, franchise and affiliate stores and following the successful installation will be evaluating additional stores for implementation of the Electrical Harmonizer-AVR.

“This sale, to a major Canadian retailer, shows a high level of commitment to the environment on their part and is a testament to the effectiveness of our technology. It supports the concept that our clients can effectively and economically achieve substantial energy savings, while reducing their carbon footprint using our Electrical Harmonizer-AVR,” said Gerry Gill, Chairman and CEO of Legend Power.

Legend Power continues to pursue other major opportunities in the North American retail market.

View the full press release.

Global interactive entertainment software company selects Electrical Harmonizer-AVR

Burnaby, British Columbia, March 31, 2010 – Legend Power Systems Inc. (“Legend Power”) (TSX-V: LPS) announces that it has signed a sales agreement with a leading global interactive entertainment software developer providing it’s British Columbia location, one of their many facilities worldwide, with Legend Power’s patented Electrical Harmonizer-AVR system to reduce power consumption.

“This sale, to a highly regarded company that is committed to corporate and environmental responsibility, is a real milestone. It supports our conviction that the Electrical Harmonizer-AVR effectively and economically achieves substantial energy savings,” said Gerry Gill, Chairman and CEO of Legend Power.

Legend Power sees many more similar opportunities in the North American market and will continue to develop its technological advantage to capture them. The company intends to create value for shareholders by solidifying its position in the vanguard of practical energy conservation.

View the full press release.

Burnaby, British Columbia February 2, 2010 – Legend Power Systems Inc. (TSX.V:LPS) is pleased to announce that Dr. Jan Carr, former CEO of the Ontario Power Authority, is joining its Board as an independent director.

“It is a pleasure to welcome Dr. Carr, a renowned industry expert, to Legend’s Board. His ample, world-wide experience and vision of our industry’s future are invaluable assets to assist in Legend’s growth,” said Legend Chairman and CEO Gerry Gill.

Legend’s strategy is focused on the commercialization of the Electrical Harmonizer-AVR, a patented device that effectively and economically achieves substantial energy savings through voltage optimization. Legend’s sales force has identified and is actively engaging customers in Ontario, BC and other regions that will benefit significantly from the installation of the Harmonizer-AVR.

“Legend’s product is aligned with conservation strategies that are being implemented throughout the world. Dr. Carr’s experience and success in this industry back up our conviction that we’re bringing a superior product to the market,” said Legend Board member Michael Costello, former CEO of BC Hydro and BC Transmission Corporation. “We look forward to Jan’s contribution to the Board of Directors.”

View the full press release.

Burnaby, British Columbia – January 13, 2010 – Legend Power Systems Inc. (TSX.V: LPS) (“Legend”), is pleased to announce their annual financial results for 2009.

“In our quest for success and establishment as a formidable player in the energy saving sector, we at Legend have focused for the past few months on transforming from our last stage of development. We have single-mindedly concentrated on our sales and marketing efforts to commence the next phase in Legend’s history as a profitable entity and have made significant progress to that end.  In that process, we have seen opportunities for our customers as well, to improve their bottom lines by achieving energy savings and thereby achieving our common secondary goals and objectives of contributing to a greener, more-efficient and sustainable environment,” says Gerry Gill, Chairman and CEO.

Read more about Legend Power’s operational and financial highlights for 2009.

Burnaby, British Columbia – January 14, 2010 – Legend Power Systems Inc. (TSX.V:LPS) (“Legend”) is pleased to offer a progress report on their sales and marketing program in Ontario. Multiple facility audits have been completed and submission of proposals is under way. Legend expects these audits to result in sales in the upcoming weeks. The current sales focus has been in Ontario due to the high cost of electricity, government provided incentive funding of up to fifty percent for energy conservation technology, and the large amount of qualified commercial facilities. Legend anticipates that the current pace will naturally accelerate over the coming weeks as continued prospecting and marketing activities consistently fill the sales pipeline. Since launching the sales and marketing program in October 2009, Legend has made significant progress in its quest to achieve its projected sales targets.

About Legend Power Systems Inc.

Legend Power Systems Inc. is a leading electrical energy conservation company that manufactures and markets a patented device to help commercial and industrial customers achieve significant energy savings through voltage optimization. Legend Power’s Electrical Harmonizer-AVR helps companies reduce their electricity bills, maintenance costs, and increases the life of electrical equipment, while contributing to a reduction in green house gas emissions. View the Legend Power Corporate Video.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Gerry Gill, Chairman & CEO
Legend Power Systems Inc.
+ 1 604 420 1500
ggill@legendpower.com