Pepco Energy Services Partners with Mineral Wells Independent School District – Cool Schools Grant to Reduce Energy Use by 8.5%
IRVING, Texas--(BUSINESS WIRE)-- Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (POM) and a leader in energy savings performance contracting, and the Mineral Wells Independent School District (ISD) have developed a $1.2 million energy savings project that will increase the efficiency of heating, ventilation and air conditioning (HVAC) equipment at both the Houston and Travis Elementary schools.
Through the Texas State Energy Conservation Offices Cool Schools Grant Program, Mineral Wells ISD received the funds to replace dated HVAC equipment with new and more efficient equipment. Under the agreement terms, Pepco Energy Services will upgrade Travis Elementary School and Houston Elementary Schools HVAC infrastructure by replacing the inefficient 21-year-old rooftop units with new, high-efficiency rooftop units nearly doubling the efficiency over the existing units.
Mineral Wells ISD is fortunate to have been awarded such a large competitive grant to increase the energy efficiency at two of our campuses, Houston and Travis, said Dr. Gail Haterius, Superintendent of Mineral Wells ISD. Id like to recognize and thank James Bradford for his work in applying for and receiving this grant, and a special thanks to MWISD board trustee David Bullock for first making us aware of this grant funding. She added, In these times of cutbacks in school funding, this is a significant help to enable the school district to spend our local funds in the classroom.
As a result of the project, Mineral Wells ISD will lower its electrical costs by approximately $10,300 per year and its electrical energy consumption by 8.5 percent, creating a more comfortable and energy-efficient environment for students, staff, and faculty.
Pepco Energy Services is pleased to perform this important upgrade for Mineral Wells ISD, said John Huffman, President and CEO of Pepco Energy Services. This project further demonstrates the school districts commitment to decreasing its carbon footprint and the school districts electricity budget.
The project will also result in energy savings of more than 74,000 kWh per year and a reduction of 44.5 metric tons of carbon dioxide emissions per year.
Construction for this contract will begin the first week of August 2012 and is due to be substantially complete prior to the start of classes on August 27th.
Pepco Energy Services has completed similar projects at Prince Georges County Public Schools, Prince William County Public Schools, and Norfolk Country Public Schools. Pepco Energy Services has saved clients more than $210 million in energy cost savings in the past decade alone and continues to help new customers reduce their energy usage.
For information on how Pepco Energy Services can provide similar services for your organization, please contact Doug Kirkley at email@example.com or (940) 230-4833, or visit the Pepco Energy Web site for a complete list of services.
About Pepco Energy Services, Inc.
Pepco Energy Services, Inc., a wholly owned subsidiary of Pepco Holdings, Inc. (NYSE: POM), provides commercial, institutional, government and industrial 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.
Information contained in this news release may include forward-looking statements, which should be considered in light of the risks inherent in the business of Pepco Holdings, Inc. and its subsidiaries, as discussed in public documents filed with the Securities and Exchange Commission.
Pepco Energy Services, Inc.
Scott Brown, 703-253-1836
Source: Pepco Energy Services, Inc.Copyright Business Wire 2012