PRESS RELEASE
FOR IMMEDIATE RELEASE
FOR MORE INFORMATION: Contact Drake N. Rice, Director of Member Services, 405/340-5047
Precision Tool & Die Receives DEEP Rebate Check For $7,563.00
On July 27, Lawrence Beliel, Director of Business Expansion and Retention, Ponca City Development Authority, presented a rebate check from Oklahoma Municipal Power Authority’s (OMPA) Demand and Energy Efficiency Program (DEEP) for lighting improvements to Greg Neison, owner of Precision Tool & Die in Ponca City. The amount of the rebate check for the lighting improvements was $7,563.00 and the check presentation was made at the company, 2200 North Ash Street.
According to Tom Willis, OMPA Member Services Energy Engineer, “The lighting improvements reduced electrical demand by 37.8 kW. The reduction of these demands help keep energy rates as low as possible for our member cities and delays the need to add additional OMPA generation capacity to the system. This allows member cities to hold the line on electric rates that are charged to their customers.” “It is a win-win situation for our cities and their electric customers,” added Willis.
DEEP assists OMPA’s 39 member cities with their qualified customers to reduce their electric service energy demands and costs. This program provides rebates to commercial and industrial customers that implement retrofits that reduce their demand at peak times. These projects include lighting, HVAC, refrigeration, commercial food service equipment, pumps and motors.
The funds available for approved projects are determined by the OMPA Board of Directors. Funding for individual projects is determined through submission of detailed project plans. Applicants must be a customer of an OMPA member city. For more information on DEEP, visit the OMPA website at www.ompa.com or contact Willis at twillis@ompa.com.
Precision Tool & Die and Precision Fabrication provides metal stamping service, metal part fabrication, precision machining of parts, welding and laser cutting as well as tool and die design and build for a variety of industries including HVAC, appliance, construction, petroleum, cogeneration and agriculture.
The Oklahoma Municipal Power Authority (OMPA) is a state governmental agency created by the legislature to serve cities and towns that own and operate their electrical distribution systems and is governed by the members. The Authority presently serves 39 municipally-owned electric systems in Oklahoma.
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