Lowe's Recognized for Excellence in Promoting Energy Efficiency

Lowe's Recognized for Excellence in Promoting Energy EfficiencyLowe's Earns Fifth Consecutive ENERGY STAR(R) Award

MOORESVILLE, N.C., March 6 /PRNewswire-FirstCall/ -- The U.S. Environmental Protection Agency (EPA) and Department of Energy (DOE) announced today that Lowe's Companies, Inc. (NYSE: LOW) has received the 2007 Excellence in ENERGY STAR(R) Promotion Award for its contributions to reducing greenhouse gas emissions by marketing and promoting energy-efficient products and solutions.

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This is the fifth consecutive year the company has been recognized for its efforts in championing energy-efficient products and consumer education. Lowe's will be recognized by the DOE and EPA at an awards ceremony in Washington, D.C., on March 21.

Lowe's received the award for its comprehensive fall program promoting products that earn the ENERGY STAR label by meeting EPA and DOE's guidelines for energy efficiency. The month-long program was highlighted by a nationwide "Save Energy, Save Money" education day on Sept. 30, during which Lowe's stores offered free energy-saving tips and demonstrations.

Lowe's continued helping consumers throughout October's National Energy Awareness Month by hosting free weekly "How-To" clinics offering homeowners practical energy efficiency tips. The clinics promoted the use of energy- efficient products and educated consumers on the value of the ENERGY STAR program.

"Over the course of a year, the ENERGY STAR products purchased from Lowe's save customers more than $3.8 million on their energy bills," said Bob Gfeller, Lowe's senior vice president, marketing and advertising. "We're proud to be recognized as an ENERGY STAR partner and remain committed to helping our customers save money and protect the environment."

By choosing ENERGY STAR qualified products, the typical household can save up to 30% on its energy bills - more than $600 per year - while improving home comfort and helping the environment. Last year alone, with the help of ENERGY STAR, Americans saved $14 billion on their energy bills and enough peak energy to power 70 power plants. Through those savings they avoided greenhouse gas emissions equivalent to those of more than 25 million vehicles.

"Partners such as Lowe's are helping to promote energy efficiency in all aspects of our lives," said Bill Wehrum, acting assistant administrator for EPA's Office of Air and Radiation. "Lowe's excels at educating consumers about the financial and environmental benefits of ENERGY STAR products."

The Excellence in ENERGY STAR Outreach award is given to organizations to recognize their efforts to improve energy efficiency and reduce pollution, resulting in significant cost savings. Award winners are selected from more than 9,000 organizations that participate in the ENERGY STAR program.

About Lowe's

With fiscal year 2006 sales of $46.9 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 13 million customers a week at more than 1,375 home improvement stores in 49 states. Based in Mooresville, N.C., the 60-year old company is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

About ENERGY STAR(R)

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, in partnership with the U.S. Department of Energy, the program offers businesses and consumers energy- efficient solutions to save energy, money and help protect the environment for future generations. More than 9,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

SOURCE Lowe's Companies, Inc.