Power-Save Energy Company Announces Partial Payment of More Than 1 Million US Dollars From CA Power-Save for Large Solar Installation Project

Oct 03, 2011, 09:00 ET from Power-Save Energy Company

SAN LUIS OBISPO, Calif., Oct. 3, 2011 /PRNewswire/ -- Power-Save Energy Company (OTCBB:PWSV), a retailer of renewable energy and energy savings products, today announced its has received partial payments of just over $1 million USD from CA Power-Save on a Large Solar Installation.  Power-Save is still awaiting final payments due from CA Power-Save.

Michael Forster, Power-Save Energy Company President and CEO stated, "We're pleased to announce the completion of the installation and the payment of both LAWAP and Fed Tax Grant to CA Power-Save that has allowed them to make partial payments of just over $1 million USD to Power-Save. We look forward to continuing to work diligently towards executing our business plan and building long term sustainable shareholder value, and receipt of these funds certainly helps."

About Power-Save Energy Co.

Power-Save Energy Company (www.power-save.com) is marketing and manufacturing company focused renewable energy and energy savings products in the United States. The company is dedicated to the mass-market sale of energy saving products and now renewable energy products direct to the homeowner and small business. The company not only provides both quality tested and certified products direct to the consumer, but also provides them at prices affordable to everyone!"

Safe Harbor Statement

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

SOURCE Power-Save Energy Company