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Xcel Energy Extends Contract with Appliance Recycling Centers of America

Appliance Recycling Centers of America, Inc. today announced that Xcel Energy has selected the Company to continue providing appliance recycling services for the utility's Refrigerator and Freezer Recycling Program through December 2018. Since 2009, ARCA has recycled approximately 60,000 energy-inefficient appliances for Xcel Energy residential customers in Colorado, Minnesota and New Mexico.

Through this Xcel-sponsored program, participating residential electric customers who turn in operating, energy-inefficient refrigerators and freezers are eligible for a cash rebate for each qualifying appliance, plus two free CFL light bulbs. Customers may turn in two qualifying appliances per year. Older refrigerators and freezers often use twice as much electricity as newer models; Xcel customers may save up to $100 annually on their energy bills according to ENERGY STAR® estimates.

"We appreciate our relationship with Xcel Energy and our role in this important program," said Edward R. (Jack) Cameron, ARCA's President and Chief Executive Officer. "Together our efforts will save Xcel customers money, reduce energy consumption and safely destroy environmentally harmful substances in old appliances."

An industry pioneer, ARCA began supporting utility-based recycling programs in 1989. The Company has continued developing innovative systems and equipment to collect and recycle appliances on a large scale. ARCA provides utilities across the United States and Canada with superior customer service and turnkey program management.


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