Appliance Recycling Centers of America (ARCA) Contract with Ameren
Missouri Extended Through 2015
MINNEAPOLIS, Jan. 8, 2013 /PRNewswire/ -- Appliance Recycling
Centers of America, Inc. (NASDAQ: ARCI) today announced that Ameren
Missouri has selected the Company to continue to provide appliance
recycling services for the utility's ApplianceSavers Program
through 2015. The new ApplianceSavers Program, previously called
the Refrigerator Recycling Program, was reinstated as of
January 2, 2013.
Through this program, participating Ameren Missouri residential
electric customers who turn in operating but energy inefficient
refrigerators and freezers, manufactured in 2001 or earlier, will
be eligible for a $50.00 rebate. The
rebate, which was previously $35.00,
applies to each qualifying refrigerator or freezer, with a limit of
three (3) refrigerators/freezers per year. In addition, Ameren
Missouri will now also offer customers the ability to recycle up to
three (3) working window air conditioners and/or dehumidifiers in
conjunction with a qualifying refrigerator/freezer. No rebate is
provided for window air conditioners or dehumidifiers. ARCA will
continue to perform the in-home collection of qualifying appliances
and properly recycle the units.
Edward R. (Jack) Cameron, ARCA's
President and Chief Executive Officer, said: "We have enjoyed
providing turnkey appliance recycling services for Ameren Missouri
since 2010. To date more than 10,000 customers have participated in
the program, illustrating the importance of proper appliance
disposal. We are extremely pleased to have the opportunity to
continue to provide environmentally sound, turnkey appliance
recycling services for Ameren Missouri and its customers."
To participate in the program please call 877-341-2187 or visit
ActOnEnergy.com.
About ARCA
ARCA's (NASDAQ:ARCI) three business components are uniquely
positioned in the industry to work together to provide a full array
of appliance-related services. ARCA Advanced Processing, LLC
employs advanced technology to refine traditional appliance
recycling techniques to achieve optimal revenue-generating and
environmental benefits. ARCA is also the exclusive North American
distributor for UNTHA Recycling Technology (URT), one of the
world's leading manufacturers of technologically advanced
refrigerator recycling systems and recycling facilities for
electrical household appliances and electronic scrap. ARCA's
regional centers process appliances at end of life to remove
environmentally damaging substances and produce material byproducts
for recycling for over 200 utilities in the U.S. and Canada. Nineteen company-owned stores under
the name ApplianceSmart, Inc.® sell new appliances directly to
consumers and provide affordable ENERGY STAR® options for energy
efficiency appliance replacement programs.
This press release contains statements that are forward-looking
statements as defined within the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ
materially from the statements made, including the risks associated
with general economic conditions, competition in the retail and
recycling industries and regulatory risks. Other factors that could
cause operating and financial results to differ are described in
ARCA's periodic reports filed with the Securities and Exchange
Commission. Other risks may be detailed from time to time in
reports to be filed with the SEC.
SOURCE Appliance Recycling Centers of America, Inc.