Peerless Pump Company has launched their ‘Cash for Clunkers’ program for the pump industry to stimulate short term business and improve overall energy efficiency.
The Trade Out-Trade Up program allow customers using Peerless pumps, or a similar competitor’s pumps, to remove old, less efficient pumps from service, replace them with a new model and receive a rebate.
Andrew Warrington, Vice President of Business Development for Peerless Pump explained how part of the ‘Cash for Clunkers’ program allows for the removed pump to be refurbished to its original performance specifications by Peerless Pump at a discounted price before being returned to service. Warrington added: “With some studies indicating that as much as 20 % of the world’s electrical energy is being consumed by pumping systems, designing and building efficient pumps has been of paramount importance at Peerless for many years.”
There is no limit to the number of pumps a single distributor can Trade Out-Trade Up in the Peerless Pumps’ ‘Cash for Clunkers’program which will continue through the end of November with the possibility of extending into 2010.