PALM SPRINGS, Calif., June 9, 2010 (GLOBE NEWSWIRE) -- It's a proud day for publicly traded Gazoo Energy Group (OTCBB:GAZU) as it opens the doors to an energy savings model home in Palm Springs, California. This brand new home located at 2489 Tuscany Heights Drive, Lot 1, has some of the most advanced eco-friendly technologies today's market has to offer. The 3,900 square foot model home consists of a number of green energy and water efficient products that will give evidence to the lifestyle of going green in today's economy.
Owner and developer of the property Wes Oliphant states, "I'm looking forward to utilizing the California PACE Program and developing the remainder of the Tuscany Height community with the highest quality green products. Exposing this project to the community will only help perspective property owners on ways they can live in a home of this size and afford the electric cost in the middle of summer. The peak time of the year!"
Gazoo Energy Group and the developer of Tuscany Heights are leading the forefront as they educate the people of Coachella Valley on residential green energy enhancements. The construction of more and more green projects will take effect throughout California in the coming months and the participation of the Tuscany Heights project will help demonstrate to property owners the benefits of going green in California.
About the California PACE Program-
The California PACE Program under Gazoo Energy Group delivers energy audit services under Gazoo Connor Energy Audit, Corp. on behalf the Pacific Housing Finance Agency a California Joint Powers Authority (PHFA). PHFA has developed a Property Assessed Clean Energy (PACE) Program that requires "no credit required" and is not a bank loan. California law (Assembly Bill 811) allows for local jurisdictions to enter into contractual assessments with property owners for such improvements.
About Gazoo Energy Group Inc.-
Gazoo Energy Group (OTCBB:GAZU) is a publicly traded corporation focused on aggregating green energy companies and products, ranging in scope from energy saving devices to wind energy products. The company specializes in green technologies that enhance residential and commercial buildings to meet new state and federal energy efficient guidelines. With these guidelines, companies would be eligible for state and federal tax incentives and grants. With Gazoo's participation under the California PACE Program and officially being the program's only energy audit corporation, Gazoo has positioned itself to help implement the multi billion-dollar municipal bond program throughout the state of California. This program has already been approved to start with the first $95,000,000 dedicated for residential and commercial water and energy efficiencies.
Forward Looking Statement- Certain statements contained herein are "forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.