Company Will Implement Statewide
Residential and Commercial Programs
RESTON,
Va., March 5, 2024 /PRNewswire/ -- Baltimore
Gas and Electric (BGE) has awarded global consulting and technology
services provider ICF (NASDAQ:ICFI) over $65
million in re-compete and new contracts to implement EmPOWER
Maryland, the utility's statewide energy efficiency and demand
response program. The agreements were awarded in the fourth quarter
of 2024 and have a term of three years.
ICF will deliver a full range of energy efficiency program
implementation services to residential and commercial customers
across Maryland including customer
acquisition, contractor training and management, technical and
engineering support, rebate processing, regulatory support and
more. ICF will also use their proprietary utility technology
platform to monitor program performance in real time, enabling BGE
to make fast, effective program optimization decisions and provide
a more streamlined customer experience.
ICF has delivered award-winning energy efficiency programs for
BGE for over 15 years that have achieved over 5.5 gigawatts in
energy savings to over 18 million utility customers.
"We are excited to continue our longstanding work with BGE to
evolve and optimize their energy efficiency programs as they
navigate the challenging transition to a clean energy future," said
Anne Choate, ICF executive vice
president for energy, environment and infrastructure. "We will draw
on our deep understanding of Maryland's regulatory environment, our proven
technology capabilities that enable data-driven customer
experiences, and our industry-leading energy expertise to help BGE
achieve their program goals."
ICF partners with the nation's top utilities and developers,
along with nearly every U.S. federal agency, state energy offices
and energy non-governmental organizations, providing end-to-end
offerings across the energy value chain—from strategy to planning
and analysis to implementation. The company currently delivers over
200 active energy efficiency, electrification and demand management
programs across North America,
including for the top 60 utilities. The company has processed over
$3.1 billion in energy efficiency
rebates and is one of the largest electrification implementers in
the U.S.
ICF's energy experts work hand-in-hand with the company's
technologists, data analysts, marketers and more to design and
implement cost-effective, award-winning utility programs that
deliver maximum energy savings and advance the transition to clean
energy.
Read more about ICF's energy efficiency and technology
services and how they help clients meet their electrification and
decarbonization goals.
About ICF
ICF is a global consulting and technology
services company with approximately 9,000 employees, but we are not
your typical consultants. At ICF, business analysts and policy
specialists work together with digital strategists, data scientists
and creatives. We combine unmatched industry expertise with
cutting-edge engagement capabilities to help organizations solve
their most complex challenges. Since 1969, public and private
sector clients have worked with ICF to navigate change and shape
the future. Learn more at icf.com.
Caution Concerning Forward-looking
Statements
Statements that are not historical facts
and involve known and unknown risks and uncertainties are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. Such statements may concern our
current expectations about our future results, plans, operations
and prospects and involve certain risks, including those related to
the government contracting industry generally; our particular
business, including our dependence on contracts with U.S. federal
government agencies; our ability to acquire and successfully
integrate businesses; and the effects of the novel coronavirus
disease (COVID-19), or any other future pandemic, and related
national, state and local government actions and reactions, on the
health of our staff and that of our clients, the continuity of our
and our clients' operations, our results of operations and our
outlook. These and other factors that could cause our actual
results to differ from those indicated in forward-looking
statements that are included in the "Risk Factors" section of our
securities filings with the Securities and Exchange Commission. The
forward-looking statements included herein are only made as of the
date hereof, and we specifically disclaim any obligation to update
these statements in the future.
Contact: Lauren
Dyke, lauren.dyke@ICF.com, +1.571.373.5577
View original content to download
multimedia:https://www.prnewswire.com/news-releases/bge-awards-icf-65-million-in-energy-efficiency-contracts-302080187.html
SOURCE ICF