Tuesday, October 06, 2009

Electron Solar Energy Announces Same-As-Cash Financing Up to $45,000 for All Energy Saving Products Including Solar Energy Systems

MIAMI, Oct. 6 /PRNewswire-FirstCall/ - Electron Solar Energy (OTC:ESRG), an international green technology installer and distributor of alternative energy systems and energy efficiency solutions, announced today that the company has obtained attractive financing options from two premier financing companies for its clients which will help facilitate final closing on numerous contract proposals submitted to potential clients.

President and CEO of Electron Solar Energy, Christopher Quinn, said, "This attractive financing option is a great incentive for us to offer our residential clients right now. We have seen a dramatic rise in interest for solar energy, but the upfront cost has made many people hesitate before making that final buying decision. While not for everyone, Same-As-Cash financing allows consumers to buy now taking advantage of renewable energy tax credits while postponing the cash outlay for 6, 12 and 18 months. Consumers who are hesitant to make large purchases or to withdraw money from their savings until the economy recovers can use Same-As-Cash and begin to benefit from energy savings immediately.

"Quinn continued, "Since June, our contract bid proposal pipeline has increased from $10.5 Million in June to $22.3 Million now and we are waiting for decisions on these proposals. Recently, we have reshuffled our sales force and added proven sales professionals with experience in the green technology sector to take advantage of the contract pipeline awaiting closing. We continue to be on track to have a record year in net income and revenue for 2009.

"To be included in the company's e-mail database for company updates, press release and industry developments, investors and shareholders are invited to send their e-mails to investors@electronsolarenergy.com