Monday, October 09, 2006

Pepco Energy Services Selected by Roanoke County Schools for Energy Conservation Project

Pepco Energy Services, a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, has been chosen to provide a comprehensive energy efficiency and guaranteed savings program for the Roanoke County (Virginia) Public School System.

The 10-year contract calls for Pepco Energy Services to install high- efficiency lighting, upgrade the existing energy management control system and provide water conservation measures in 30 Roanoke County school buildings. With energy cost savings of $4.5 million, the installation phase project is expected to be completed by September 2007.

"Pepco Energy Services looks forward to providing the Roanoke County Public School System with significant energy savings as a result of the energy conservation measures we will be implementing," said John Huffman, Chief Operating Officer of Pepco Energy Services.

"Roanoke County Public Schools is committed to implementing efficiencies and exploring innovative ways to finance projects. We set up an RFP process whereby information was evaluated from all of the energy performance contractors approved by the Commonwealth of Virginia. Pepco Energy Services was selected after a very detailed process. This project is going to allow us to conserve energy and to fund capital improvements with the resulting savings," commented Dr. Martin W. Misicko, Ed. D., Director of Operations and Construction for the Roanoke County Public Schools.

"We are pleased to be assisting Roanoke County Public Schools in improving their facilities, which will help them reduce energy use and save money," added David Weiss, President of the Performance Management Group of Pepco Energy Services.

Since 1995, Pepco Energy Services has developed, implemented and financed over $500 million of energy savings performance contracts for more than 200 customers, including the single largest energy savings performance contract ever awarded by the Federal Government -- a project for the Military District of Washington which includes Fort Meade, Maryland that will produce over $200 million of energy savings.

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