Willdan Awarded $7.9 Million Energy Efficiency Contract By Orange & Rockland
Willdan Group, Inc. (“Willdan”) (NASDAQ: WLDN) today announced that its wholly-owned subsidiary, Willdan Energy Solutions (“WES”), was awarded a $7.9 million energy efficiency contract by Orange and Rockland Utilities, Inc. (“O&R”) to implement its new energy efficiency program for small business customers.
Pearl River, NY-based O&R is a wholly-owned subsidiary of Consolidated Edison, Inc. (NYSE: ED). This contract represents new, incremental WES business and builds upon the Company’s success with a similar $67 million Consolidated Edison Company of NY contract awarded WES in 2009. Most of the O&R contract work is scheduled for completion by the end of 2011.
“The O&R Small Business Direct Installation Program complements our other projects in the State of New York nicely,” explains WES President, Jay Bhalla. “WES is proud to be leveraging our expertise in the New York marketplace in support of O&R’s ambitious energy efficiency program. I expect other utilities throughout the country will follow O&R’s leadership in this regard, implementing similar programs for which WES is well positioned to compete for.”
The program is one of several designed by O&R to help the State of New York achieve its energy reduction goals. The program offers New York small business customers free energy efficiency surveys, pays 70% of the installed cost for energy-saving measures and pays 100% of the cost of equipment such as compact fluorescent lamps, water faucet aerators, and high-pressure rinse valves. As the program implementation contractor, WES’s responsibilities will include marketing, community outreach and partnering with the community and local business organizations, as well as on-site energy efficiency surveys and energy-saving facility retrofit projects in thousands of businesses throughout the Rockland, Orange and Sullivan counties in the State of New York.About Willdan Energy Solutions WES is one of the nation’s preeminent providers of specialized energy, water, and resource management services to a growing list of clients that includes utilities, local and federal governments, hospitals, schools, and private enterprises. WES’s portfolio of services includes marketing and engineering, program management and implementation of energy efficiency and water conservation programs, and development and implementation of information systems for the energy industry. WES’s expertise also covers hardware retrofits, commissioning and retro-commissioning, demonstrations of new technologies, energy efficiency education/outreach, sustainability strategy, and local government partnerships.
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