RESTON, Va., July 14, 2016 /PRNewswire/ -- Leidos (NYSE:
LDOS), an infrastructure, national security and health solutions
company, was awarded a single-award, prime contract by the Hawaii
Public Utilities Commission (PUC) to administer the Hawaii Energy
conservation and efficiency program. The contract has a three-year
base period worth $85 million
followed by two successive three-year extensions.
Under the new contract, Leidos will continue to oversee design
and implementation of a wide range of newly developed and
traditional commercial and residential rebate offers, as well as
numerous training and educational initiatives for a clean energy
future. Leidos has administered the electric ratepayer-funded
Hawaii Energy program since 2009. The program serves Hawaii, Honolulu and Maui counties in the state of Hawaii under the direction of the Hawaii PUC.
The program was recently recognized as a 2016 Project of the Year
by Environmental Leader magazine.
Energy efficiency plays a key part in achieving the state's goal
of achieving a 100 percent renewable energy portfolio standard by
2045. The Hawaii Energy program uses a portfolio of financial
incentives, education and training opportunities, and collaboration
with key community organizations and leaders. In the last six
years, energy-saving efforts of program participants have resulted
in more than $1 billion in electric
bill savings. In the last program year alone, tens of thousands of
residents and businesses helped to achieve an estimated
$443 million in lifetime electric
bill savings or 1.5 billion kWh, equal to eliminating 2.2 million
barrels of oil or 1.3 million tons of greenhouse gas emissions.
"Hawaii is a national leader in
its energy conservation and efficiency efforts," said Jim Moos, senior vice president for Leidos'
Infrastructure, Environment and Security business. "Our energy
efficiency experts implementing the Hawaii Energy program will
continue to serve as a catalyst to facilitate renewable energy
integration and support a 100 percent clean energy future."
About Leidos
Leidos is a science and technology
solutions leader working to address some of the world's toughest
challenges in national security, health and infrastructure. The
Company's 18,000 employees support vital missions for government
and the commercial sector, develop innovative solutions to drive
better outcomes and defend our digital and physical infrastructure
from 'new world' threats. Headquartered in Reston, Virginia, Leidos reported annual
revenues of approximately $5.09
billion for the twelve months ended Jan. 1, 2016. For more information, visit
www.Leidos.com.
Statements in this announcement, other than historical data
and information, constitute forward-looking statements that involve
risks and uncertainties. A number of factors could cause our actual
results, performance, achievements, or industry results to be very
different from the results, performance, or achievements expressed
or implied by such forward-looking statements. Some of these
factors include, but are not limited to, the risk factors set forth
in the company's Annual Report on Form 10-K for the period ended
January 1, 2016, and other such
filings that Leidos makes with the SEC from time to time. Due to
such uncertainties and risks, readers are cautioned not to place
undue reliance on such forward-looking statements, which speak only
as of the date hereof.
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Contact:
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Melissa
Koskovich
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Jennifer
Moffett
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(571)
526-6850
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(571)
526-6852
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Koskovichm@Leidos.com
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Jennifer.a.moffett@leidos.com
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SOURCE Leidos