Pepco Energy Services selected for $20.9 Million Energy Savings Performance Contract for Baltimore-Washington International Thurgood Marshall Airport

ARLINGTON, Va., Sept. 16 /PRNewswire/ -- Pepco Energy Services, Inc., a subsidiary of Pepco Holdings, Inc. (NYSE: POM) and a leader in energy savings performance contracting, has been awarded a contract by the Maryland Aviation Administration (MAA) to implement a comprehensive energy savings and renewable energy performance contract project at Baltimore/Washington International Thurgood Marshall Airport (BWI) and Martin State Airport.  Implementation of the project will enable the Maryland Aviation Administration to exceed the 15 percent energy reduction goals of EmPOWER Maryland.  

The $20.9 million project calls on Pepco Energy to design and implement a total of 13 energy conservation measures that will improve the overall energy efficiency of more than 30 airport buildings, including the main terminal, that covers more than 9 million square feet.  Pepco Energy will also install more than 1 acre of solar power generation equipment.  

Through the EmPOWER Clean Energy Communities grant program, the Maryland Energy Administration awarded the Maryland Aviation Administration a $500,000 solar grant toward the completion of a 505 kW photovoltaic solar canopy system to be located on the roof of the airport's Daily Parking Garage.  With Pepco Energy's help, the Maryland Aviation Administration will receive an additional $925,000 in rebates from the local utility as an additional funding source.

"This energy performance contract will provide BWI Marshall with excellent energy saving opportunities through critical infrastructure improvements and renewable technologies," said Paul J. Wiedefeld, Executive Director of BWI Thurgood Marshall Airport.  "I also want to thank the Maryland Energy Administration and the Maryland Department of General Services for working to deliver energy conservation measures for BWI Marshall."

Alvin C. Collins, Secretary of the Maryland Department of General Services (DGS), added, "This contract is a critical part of Governor O'Malley's EmPOWER Maryland initiative, which allows Maryland agencies to conserve power, save money and reduce our collective impact on the environment.  We are excited to see MAA leverage the value of the DGS energy performance contract in order to save tax payers dollars and to improve the infrastructure at its airports."

The project will result in a reduction in electric usage of more than 16 million kWh per year, which is enough to power 2,700 homes.  The Maryland Aviation Administration will reduce its current energy and water usage by more than 18 percent while also reducing carbon dioxide emissions by 12,400 metric tons per year.

"Pepco Energy is pleased to expand its partnership with the Maryland Aviation Administration through this important project," said John Huffman, President and Chief Executive Officer.    

Construction will begin in September 2010 and is scheduled to be complete in December 2011.

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.