Project Will Save State of Maryland $16 Million In Energy And Water Costs Over 12 Years

ARLINGTON, Va., Dec. 10 /PRNewswire/ -- Pepco Energy Services, a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, announced today that it has been selected by the Maryland Stadium Authority (MSA) to implement a $9 million comprehensive energy efficiency contract at Camden Yards, Oriole Park and M&T Bank Stadium in Baltimore, Maryland.

The 13-year contract, which includes the historic B&O Warehouse on the 85-acre sports complex, calls for Pepco Energy Services to install energy efficient lighting, upgrade the cooling and heating plants, update building automation systems, provide maintenance services for these systems and install water saving fixtures in these facilities. Daylight harvesting controls -- devices that use sunlight for interior lighting -- will also be installed at Oriole Park.

"This project is one of the first of its kind for NFL and MLB stadiums and will save the State of Maryland more than $16 million over the performance period and reduce its carbon footprint by eliminating 7.6 million pounds of carbon dioxide," said John Morton III, Chairman of the Maryland Stadium Authority. "That's the environmental equivalent of planting more than 1,250 acres of trees."

"Pepco Energy Services is delighted to be assisting the Maryland Stadium Authority in improving its facilities with new energy efficient equipment that will reduce energy use by 24 percent, saving money and helping the environment," added John Huffman, President and Chief Executive Officer of Pepco Energy Services.

The MSA project is part of Maryland State government compliance with Governor O'Malley's "EmPower Maryland" initiative, which calls on the State to reduce energy consumption 15% by 2015. "The State is implementing about 25 similar projects in various development phases to save energy and reduce costs. These projects have an estimated construction value of approximately $260 million, to be paid from future guaranteed energy savings. Once completed, we estimate these projects to provide cost avoidance of about $26 million annually," said Hatim Jabaji, Director, Office of Energy Performance & Conservation in the Department of General Services.

Construction for this project is already underway and is expected to be completed by October 2010.

About Pepco Energy Services

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. Visit www.pepcoenergy.com for more information.

Pepco Energy Services, Inc. is not the same company as Potomac Electric Power Company, and prices and services of Pepco Energy Services, Inc. are not set by the Public Service Commission.

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.

SOURCE Pepco Energy Services, Inc.

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