February 16, 2016 - 5:54 PM EST
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Pepco Energy awarded $80 million ESPC Task Order at US Naval Station Great Lakes

Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (PHI) and a national leader in energy savings performance contracting, announced that it has been awarded an $80.4 million Energy Savings Performance Contract (ESPC) task order by the United States Navy at Naval Station Great Lakes (NSGL). The task order, awarded under the United States Department of Energy (DOE) ESPC Indefinite Delivery Indefinite Quantity (IDIQ) contract, includes a $42.4 million investment in new energy efficiency improvements and renewable energy systems. Upon completion of construction, the project will generate approximately $4 million per year in guaranteed energy savings and $79.9 million during the 16.5-year performance period of the task order. Construction is expected to be completed over a two-year period during which time the project will provide another $1.8 million in guaranteed savings to the Navy.

The energy conservation measures include new LED technology, water conservation, building envelope improvements, 3,000 tons of new cooling capacity, 2.7 MW in solar hybrid systems, new HVAC systems, and retro-commissioning of HVAC systems, among others. Work at NSGL will be performed in 60 buildings as well as at the landfill and on the roadway lighting systems. After construction is completed, Pepco Energy Services will provide ongoing maintenance, continuous commissioning, and measurement and verification services over the task order performance period.

“The U.S. Department of Energy appreciates the strong leadership and commitment of federal agencies to increase the use of energy efficiency and renewable energy that will help meet energy-related goals in support of their critical missions,” said Dr. Tim Unruh, DOE’s Federal Energy Program Management Director.

“This collaborative effort between the Navy and Pepco Energy will generate substantial operational, economic and environmental benefits for the Navy at NSGL for years to come. DOE’s ESPC program is an invaluable tool and resource for the federal government and DOD to meet their energy and infrastructure improvement needs in today’s budget-challenged environment,” said John Huffman, president and CEO of Pepco Energy Services.

This partnership between the Navy and Pepco Energy Services using the DOE ESPC IDIQ contract will make an important contribution to the President’s $4 Billion Performance Contracting Challenge and result in improvement in energy efficiency, GHG reduction, job creation and other benefits. The project is expected to reduce energy usage at NSGL by 146,500 equivalent MMBtu per year. This is comparable to removing 1,600 cars from the road or planting 2,200 acres of trees.

About Naval Station Great Lakes

Naval Station Great Lakes, located in North Chicago, Illinois, has been transforming civilians into Sailors for nearly 100 years. From its founding in 1911, Naval Station Great Lakes has maintained its position as the Navy's largest training facility with more than 25,000 military and civilian personnel working, training, and living here.

For more information about Pepco Energy Services, please visit www.pepcoenergy.com. To inquire about how ESPC and other energy-related services may benefit your facilities and buildings, please contact Jeff Niesz, senior director, federal business development at 202-744-4862 or via email at [email protected].

Pepco Energy Services, Inc. (Pepco Energy), a wholly owned subsidiary of Pepco Holdings, Inc. (NYSE: POM), provides institutional and government customers with competitive energy efficiency services, including renewable energy and combined heat and power projects/plants.

Pepco Energy Services is not the same company as Potomac Electric Power Company (Pepco), the regulated utility; the prices and services of Pepco Energy Services are not set by the Public Service Commission; and you are not required to buy energy or other products and services from Pepco Energy Services in order to receive the same quality service from Pepco.

Pepco Energy Services, Inc.
Diane Rehe, 703-253-1810
[email protected]

Source: Business Wire (February 16, 2016 - 5:54 PM EST)

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