Independent Power and Renewable Electricity Producers
Company Overview of Pepco Energy Services, Inc.
Pepco Energy Services, Inc. offers energy-saving and sustainable energy products and services in the Continental United States. It designs, develops, and operates renewable energy projects, such as solar energy, geothermal energy, landfill gas-to-energy, hydroelectric power, wind energy, and solid waste-to-power projects for its customers in the Mid-Atlantic. The company also provides combined heat and power systems, which include designing and constructing energy infrastructure; systems for single buildings and multi facility campuses; thermal storage systems; and providing strategic design, construction management, turnkey development and construction, analysis of utility rates and commodi...
1300 North 17th Street
Arlington, VA 22209
Founded in 1995
Key Executives for Pepco Energy Services, Inc.
Chief Executive Officer and President
Vice President and Controller
Chairman of Pepco Holdings Inc, Chief Executive Officer of Pepco Holdings Inc and President of Pepco Holdings Inc
Senior Vice President of Operations - Energy Services
Compensation as of Fiscal Year 2016.
Pepco Energy Services, Inc. Key Developments
Pepco Energy Services Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
Feb 19 16
Pepco Energy Services reported earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported operating revenue of $53 million compared with $66 million for the same period last year. Operating income was $1 million compared with operating loss of $25 million for the same period last year. Income before income taxes was $2 million compared with loss before income taxes of $25 million for the same period last year. Loss from continuing operations was $1 million compared with $14 million for the same period last year.
For the year, the company reported operating revenue of $223 million compared with $278 million for the same period last year. Operating loss was $1 million compared with $76 million for the same period last year. Net income from continuing operations was $4 million compared with loss of $39 million for the same period last year.
Pepco Energy Receives $80 Million ESPC Task Order at US Naval Station Great Lakes
Feb 16 16
Pepco Energy Services, Inc. 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.
Pepco Energy Services, Inc. Receives $80.43 Million Federal Contract
Feb 7 16
Pepco Energy Services Inc. was awarded an $80,429,313 task order by the U.S. Naval Facilities Engineering and Expeditionary Warfare Center for the design and installation of lighting; water and sewer conservation systems; pool covers; heating, ventilation and air conditioning; and renewable energy systems, including installation of a 2.2-megawatt solar hybrid array on the U.S. Naval Station Great Lakes landfill, and 480 kilowatt individual roof top solar hybrid systems. The place of performance will be in North Chicago, Illinois.
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