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EPA, DOE Award Lowe’s 2008 ENERGY STAR Honors for Excellence in Retail Commitment

March 9, 2009

Lowe’s earns award for protecting the environment through marketing energy-efficient products and solutions for the home

MOORESVILLE, N.C., March 9 /PRNewswire/ — The U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE) have awarded Lowe’s the 2008 ENERGY STAR Award for Excellence in Retail Commitment for the company’s outstanding contributions to reducing greenhouse gas emissions through leadership in marketing and promoting energy-efficient products and solutions. Lowe’s will be recognized at an awards ceremony in Washington, D.C. on April 1, 2009.

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Lowe’s, a partner in the program since 2001, is being honored for its continued leadership in marketing its comprehensive line of products that have earned the ENERGY STAR, the mark of environmental protection through energy efficiency, as well as numerous energy-saving projects for the home. Lowe’s has demonstrated its commitment to raising ENERGY STAR awareness in a variety of ways — from promoting compact fluorescent light bulbs to helping pave the way for new energy-efficient technologies. The company has also shared its marketing savvy with ENERGY STAR.

“To be honored with an ENERGY STAR award for a sixth consecutive year validates the importance of our ongoing efforts to educate our customers about products that not only save money, but help conserve valuable natural resources,” said Bob Gfeller, Lowe’s senior vice president, marketing and advertising. “We all share in this responsibility, and we are proud to take a leadership role in promoting solutions that benefit both our customers and the environment.”

In 2007, Lowe’s developed an advertising campaign dedicated to promoting its partnership with ENERGY STAR. Advertising Age recognized one of the ads as “One of the Top 10 Most Liked, Most Recalled Ads.”

The 2008 Award for Excellence in Retail Commitment is given to the retailer that successfully promotes and delivers ENERGY STAR qualified products and projects, saving consumers money and reducing greenhouse gas emissions. The award winners are selected from more then 9,000 organizations that participate in the ENERGY STAR program.

“Lowe’s ongoing work with ENERGY STAR and its energy efficiency efforts serve as a great example to businesses across the U.S.,” said Robert J. Meyers, principal deputy assistant administrator for EPA’s Office of Air & Radiation. “Lowe’s continues to help Americans understand how to make energy-efficient purchasing decisions and home improvements that protect the environment. Their actions are making it easier for millions of Americans to contribute to these efforts.”

By choosing ENERGY STAR qualified products and solutions, the typical household can save up to 30 percent on their energy bills, or about $600 a year. Last year alone, with the help of ENERGY STAR, Americans saved $16 billion on their energy bills and reduced greenhouse gas emissions equivalent to those of 27 million vehicles.

About Lowe’s

With fiscal year 2007 sales of $48.3 billion, Lowe’s Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,525 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe’s is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, in partnership with the U.S. Department of Energy, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 9,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

SOURCE Lowe’s Companies, Inc


Source: newswire