Willdan and Southern California Edison Help Schools Save Energy
ANAHEIM, Calif. -- November 7, 2013
Willdan Group, Inc. (NASDAQ:WLDN) today announced that its wholly owned
subsidiary Willdan Energy Solutions (“Willdan”) is contracting with Southern
California Edison Company (SCE) to help reduce public and private school
energy use. SCE’s Schools Energy Efficiency Program (SEEP), with an initial
budget of $4 million, targets pre-kindergarten through secondary schools,
private colleges and universities, and vocational schools for high-efficiency
lighting retrofits and other energy-saving measures.
SEEP’s objective is to lower overall energy use and utility grid peak demand
and, as a result, reduce school operating costs through a combination of
no-cost and ratepayer-subsidized incentives and services.^1
Under SEEP, Willdan will conduct site walk-through audits to identify
energy-saving opportunities, consult with school clients to select solutions,
oversee installations, and assist with incentive paperwork. Willdan will
assist the traditionally underserved education market with a wide variety of
retrofits for fluorescent lamps, ballasts and high-bay lighting. In addition,
where appropriate, Willdan will install light-emitting diode (LED) lamps,
lighting occupancy sensors, and various other energy-saving measures that
benefit school environments.
In the past, Willdan administered SCE’s Public Pre-Schools, Elementary and
Secondary Schools Energy Efficiency Program. In just over eight months, that
program saved more than 14 million kilowatt hours and reduced demand by nearly
2,000 kilowatts for more than 300 public schools in 17 school districts.
Willdan produced high-quality installations with zero safety incidents.
Willdan will administer the Schools Energy Efficiency Program through December
2014, providing official program services. Willdan will also provide
assistance in utilizing additional energy efficiency programs and rebate
incentives to help education clients leverage available funding.
^1 SEEP is funded by the California utility ratepayers and administered by SCE
through a contract awarded to Willdan under the auspices of the California
Public Utilities Commission. Incentives and savings will vary by customer, and
neither SCE nor Willdan make any representation herein concerning actual or
potential savings amounts. Funds are limited and are available on a
first-come, first served basis until December 31, 2014, or until funds are
depleted. Terms and conditions apply. The trademarks used herein are the
property of their respective owners.
About Willdan Energy Solutions
Willdan Energy Solutions is a leading national provider of specialized energy,
water, and resource management services to a growing list of clients that
includes utilities, local and federal governments, hospitals, schools and
private enterprises. Our integrated portfolio of services comprises marketing
and engineering, program management and implementation of energy efficiency
and water conservation programs and development and implementation of
information systems for the energy industry. Additional areas of expertise
include hardware retrofits, commissioning and retro-commissioning,
demonstrations of new technologies, energy efficiency education/outreach,
sustainability strategy, and local government partnerships.
About Willdan Group, Inc.
Founded in 1964,Willdanprovides professional technical and consulting
services to public agencies at all levels of government, public and private
utilities, and commercial and industrial firms.Willdanprovides a broad range
of services to clients throughout the United States, including engineering and
planning, energy efficiency and sustainability, economic and financial
consulting, and national preparedness and interoperability. For additional
information, visitWilldan’swebsite at www.willdan.com.
Safe Harbor Statement: Statements in this press release which are not purely
historical, including statements regarding Willdan’s intentions, hopes,
beliefs, expectations, representations, projections, estimates, plans or
predictions of the future are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The forward-looking
statements involve risks and uncertainties including, but not limited to, the
risk that Willdan will not be able to expand its services or meet the needs of
customers in markets in which it operates. It is important to note that
Willdan’s actual results could differ materially from those in any such
forward-looking statements. Factors that could cause actual results to differ
materially include, but are not limited to, a slowdown in the local and
regional economies of the states where Willdan conducts business and the loss
of or inability to hire additional qualified professionals. Willdan’s business
could be affected by a number of other factors, including the risk factors
listed from time to time in Willdan’s SEC reports including, but not limited
to, the Annual Report on Form 10-K for the year ended December 28, 2012 filed
on March 26, 2013 and the Quarterly Report on Form 10-Q for the quarter ended
March 29, 2013 filed on May 9, 2013. Willdan cautions investors not to place
undue reliance on the forward-looking statements contained in this press
release. Willdan disclaims any obligation to, and does not undertake to,
update or revise any forward-looking statements in this press release.
Willdan Energy Solutions
Senior Vice President
Financial Profiles, Inc.
Tel: 310-478-2700 x11
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