MINNEAPOLIS, Sept. 28, 2017 /PRNewswire/ -- ARCA Recycling, Inc., a leading provider of utility appliance recycling programs, is continuing its unprecedented growth with the launch of two new appliance recycling programs in Colorado.
ARCA Recycling is partnering with Platte River Power Authority and Colorado Springs Utilities to offer their customers free in-home pickup and recycling of working refrigerators and freezers. The Platte River program started accepting customer orders in early September and the Colorado Springs program is expected to launch this fall. These programs contribute to ARCA's significant presence in the state, as they join existing programs in ARCA's portfolio from Xcel Energy, Black Hills Energy and Fort Collins Utilities.
"We're proud to work with Platte River Power Authority and Colorado Springs Utilities to offer Colorado residents the opportunity to save money, reduce their energy consumption and safely dispose of harmful substances found in old appliances," said Rachel Holmes, Executive Vice President of ARCA Recycling.
ARCA is by far the largest appliance program implementer in North America with over 1 million units recycled to date. The company implements similar programs for more than 55 major utility partners across the country. Their focus is to help utility clients meet or exceed energy efficiency targets, while providing a world-class customer experience, as evidenced by an overall 97%+ satisfaction rate based on over 9,000 responses.
ARCA's business components are uniquely positioned to work together to provide a full array of appliance-related services. ARCA's regional centers process appliances at end of life to remove environmentally damaging substances and produce material byproducts for recycling for utilities in the U.S. and Canada. Eighteen 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.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including statements regarding ARCA's future success. 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 the general economic conditions, competition in the retain 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 ARCA Recycling, Inc.