VPhase Social Housing Trials Success

VPhase plc

("VPhase" or "the Group")

VPhase Social Housing Trials Success

Further to the previous announcement on 13 January 2010, VPhase plc (AIM:VPHA), a leading provider of energy-saving products for residential and commercial properties, has completed its social housing trial with Great Places Housing Group after installing a number of VPhase smart voltage management products in tenants' homes.

The data from these trials has been independently analysed and demonstrated average energy savings over the trial period of 8.7%.

The social housing market in England includes up to 4 million homes and is an important target sector for VPhase. Social housing providers can benefit further as they strive to meet stringent carbon reduction targets, as the annualised CO2 savings of up 180kg a year, equivalent to driving over 1000km in an average car, offered by the VPhase can make valuable, consistent contributions towards these targets.

Matthew Harrison, deputy chief executive and director of development at Great Places Housing Group, said: "These results are very encouraging and we will now look at the viability of installing VPhase units in more of our houses." 

The VPhase devices electronically manage the level of voltage supplied into homes and ensure that many household appliances receive the correct amount of voltage to operate in the most efficient way. The technology has been widely utilised in commercial settings throughout the UK, but until now has not been readily available for domestic usage.

Lee Juby, CEO of VPhase, commented: "The completion of this social housing trial is an important milestone for VPhase as, with a stock of over 4 million homes, the sector is a significant route to market for us. Driving down CO2 emissions and energy bills throughout the UK will help to meet carbon reduction targets, and will also make social housing more affordable for those that need it most; installation of VPhase will have an immediate effect on energy bills for tenants in these properties, typically saving around 10% per year."

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About VPhase plc

VPhase plc provides a product that reduces the energy consumption of many domestic electrical appliances.

The Company has developed a Smart Voltage Management product designed to be attached to the consumer unit (fuse box) in order to control the incoming voltage for selected circuits to a target set point of 220 volts. This is slightly higher than the minimum design point for electrical items in Europe, thereby ensuring that electrical appliances in the home operate closer to the voltage condition for which they were designed.

Tests by VPhase have demonstrated that the product can typically save 10% of the electricity across a range of domestic products including fridges, freezers, central heating pumps, televisions and other items, even 'energy-saving' light bulbs. This should equate to savings for the typical homeowner of about £50 per annum.

In addition, there is evidence that the life of electrical appliances can be extended by the use of this product; light bulbs, in particular, have demonstrated at least two times longer life when on a circuit managed by the voltage management product as compared to those without the product.

www.vphaseplc.com

Energetix Group plc

VPhase is a subsidiary of Energetix Group. Energetix (AIM:EGX) is a group of companies with three cost-effective products (Pnu Power, Genlec and VPhase) to meet the growing demand for alternative energy. With a focus on distributed generation, energy storage and energy efficiency, the Energetix businesses are:

·; Pnu Power - compressed air back-up power

·; Genlec - distributed generation in the home

·; VPhase - domestic energy efficiency

Energetix and all its subsidiaries are based near Chester, NW England.

www.energetixgroup.com 

Great Places Housing Group

Great Places is a housing association that provides over 15,000 high-quality homes in 30 council areas across the North West and beyond.

http://www.greatplaces.org.uk/