| LG&E
Energy Adopts Cannon Technologies’ ExpressCom™
Load Management Switches and Yukon™ Load Management
Software
MINNEAPOLIS, Minnesota, September 5, 2003
- Cannon Technologies (http://www.cannontech.com)
announced today that LG&E Energy, parent company of
Louisville Gas & Electric Company and Kentucky Utilities,
has adopted it's ExpressCom™
electric load management switches and Yukon™
software to drive the expansion of its residential load
management program. The LG&E Energy program, Demand
Conservation, currently serves about 22,000 customers with
an additional 100,000 planned over the next five years.
The Cannon system offers LG&E fast, flexible,
and inexpensive wireless coverage together with advanced
technology for optimizing the balance between peak load
relief and customer comfort. In addition, Cannon Technologies'
Yukon™ software platform offers seamless
support for commercial and industrial load management programs
as well as support for advanced consumer control devices
like the new Honeywell/Cannon ExpressStat®
web programmable thermostat.
According to LG&E Energy’s Greg
Fergason, “this technology is one of the lowest cost
options for meeting the growing energy needs of our customers
and maintaining the high level of reliability our customers
expect”.
Cannon Technologies is a privately owned energy
technology company with fifteen years of profitable growth.
With headquarters in Minnesota and offices in six other
states, Cannon serves over 300 utilities nationwide. The
company’s products include Peak Load Management, Capacitor
Control, AMR and Substation Asset Management. All are targeted
at helping utilities maintain reliability while reducing
cost. Cannon Technologies' Yukon™ software platform
drives all of its solutions at utilities large and small.
LG&E Energy Corp., headquartered in Louisville,
Ky., is a diversified energy services company that is a
member of E.ON AG (NYSE: EON; Frankfurt: EOA) family of
companies. E.ON is the world’s largest investor owned
utility company. LG&E Energy owns and operates Louisville
Gas and Electric Company, a regulated electric and gas
utility serving Louisville, Ky., and 16 surrounding counties
and Kentucky Utilities Company, a regulated electric utility,
based in Lexington, Ky., which serves customers in 77 Kentucky
counties and five counties in Virginia.
For more information contact:
info@cannontech.com or
Jim Losleben
Cannon Technologies, Inc.
8301 Golden Valley Road, Suite 300
Golden Valley, MN 55427
763-595-7777
Greg Fergason
LG&E Energy
P. O. Box 32010
Louisville, KY 40232
502-627-4883
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