Written by Phil Cerroni
IRVING, Texas--(BUSINESSWIRE)--Pepco Energy Services, Inc., a subsidiary of Pepco Holdings,Inc. (NYSE:POM) and a leader in energy savings performance contracting, and theMineral Wells Independent School District (ISD) have developed a $1.2 millionenergy savings project that will increase the efficiency of heating,ventilation and air conditioning (HVAC) equipment at both the Houston andTravis Elementary schools.
“Thisproject further demonstrates the school district’s commitment to decreasing itscarbon footprint and the school district’s electricity budget.”
Through the Texas State EnergyConservation Office’s Cool Schools Grant Program, Mineral Wells ISD receivedthe funds to replace dated HVAC equipment with new and more efficientequipment. Under the agreement terms, Pepco Energy Services will upgrade TravisElementary School and Houston Elementary School’s HVAC infrastructure byreplacing the inefficient 21-year-old rooftop units with new, high-efficiencyrooftop units – nearly doubling the efficiency over the existing units.
“Mineral Wells ISD isfortunate to have been awarded such a large competitive grant to increase theenergy efficiency at two of our campuses, Houston and Travis,” said Dr. GailHaterius, Superintendent of Mineral Wells ISD. “I’d like to recognize and thankJames Bradford for his work in applying for and receiving this grant, and aspecial thanks to MWISD board trustee David Bullock for first making us awareof this grant funding.” She added, “In these times of cutbacks in schoolfunding, this is a significant help to enable the school district to spend ourlocal funds in the classroom.”
As a result of theproject, Mineral Wells ISD will lower its electrical costs by approximately$10,300 per year and its electrical energy consumption by 8.5 percent, creatinga more comfortable and energy-efficient environment for students, staff, andfaculty.
“Pepco Energy Servicesis pleased to perform this important upgrade for Mineral Wells ISD,” said JohnHuffman, President and CEO of Pepco Energy Services. “This project furtherdemonstrates the school district’s commitment to decreasing its carbonfootprint and the school district’s electricity budget.”
The project will alsoresult in energy savings of more than 74,000 kWh per year and a reduction of44.5 metric tons of carbon dioxide emissions per year.
Construction for thiscontract will begin the first week of August 2012 and is due to besubstantially complete prior to the start of classes on August 27th.
Pepco Energy Serviceshas completed similar projects at Prince George’s County Public Schools, PrinceWilliam County Public Schools, and Norfolk Country Public Schools. Pepco EnergyServices has saved clients more than $210 million in energy cost savings in thepast decade alone and continues to help new customers reduce their energyusage.
About Pepco EnergyServices, Inc.
Pepco Energy Services,Inc., a wholly owned subsidiary of Pepco Holdings, Inc. (NYSE: POM), providescommercial, institutional, government and industrial customers with competitiveenergy efficiency services, including renewable energy and combined heat andpower projects/plants.
Pepco Energy Services isnot the same company as Potomac Electric Power Company (Pepco), the regulatedutility; the prices and services of Pepco Energy Services are not set by thePublic Service Commission; and you are not required to buy energy or otherproducts and services from Pepco Energy Services in order to receive the samequality service from Pepco.
Information contained inthis news release may include forward-looking statements, which should beconsidered in light of the risks inherent in the business of Pepco Holdings,Inc. and its subsidiaries, as discussed in public documents filed with theSecurities and Exchange Commission.
Pepco Energy Services,Inc.