Gazoo Energy Group Kicks Off the 95 Million Dollar California PACE Program; Accepting Applications June 2nd in Qualified Cities


SAN CLEMENTE, Calif., May 17, 2010 (GLOBE NEWSWIRE) -- Publicly traded Gazoo Energy Group (OTCBB:GAZU) and the Pacific Housing & Finance Agency will be accepting applications on behalf of the California PACE Program starting June 2nd.

As more cities are leaning towards an eco-friendly environment, the team at Gazoo is creating awareness and educating commercial and residential property owners on the value this program will bring their communities. For many of you in qualified cities utilizing the Property Accessed Clean Energy "PACE" program is a great way to consider installing cost cutting, energy efficiencies products. Especially since this program requires no out of pocket expenses, no credit required and uses low-interest loans that would be repaid over time through annual property tax payments.

Chip Hackley, CEO of Gazoo Energy Group Inc., states, "We are very excited to announce CaliforniaPACE.com is officially accepting applications online. This makes it easier for property owners to get qualified fast and move towards making those green energy efficient improvements they so valuably needed."

Property owners can start taking advantage of this program June 2nd. Find out more information today online or apply online at http://californiapace.com/applynow/

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 of 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.


            

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