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TheStreet Open House

Pepco Holdings Receives The Platts Global Energy Award Of Excellence For Its EmPOWER Maryland Programs

Pepco Holdings, Inc. (PHI) has received the Platts 2012 Global Energy Award of Excellence in the Energy Stewardship Category for its EmPOWER Maryland Programs. The Platts Global Energy Awards are an annual program recognizing exemplary industry leadership. The company was selected from nearly 200 nominations from more than two dozen countries.

Established in 1999 and often described as “the Oscars” of the energy industry, the Platts Global Energy Awards highlight corporate and individual innovation, leadership and superior performance in 19 categories spanning the entire energy complex.

“We are honored to be recognized for this award by Platts,” said Joseph M. Rigby, chairman, president and CEO, of PHI. “We recognize the importance of supporting the communities we serve and the health and sustainability of the state. We want to provide our customers with the best mix of advanced technologies, renewable energy, energy-saving technologies and conservation programs to meet their energy goals.”

Delmarva Power and Pepco’s EmPOWER Maryland programs were recognized for their innovative program portfolio approach to reduce electricity use. The utilities’ residential and commercial energy-efficiency programs include demand response programs for businesses and residences, lighting and high-efficiency HVAC residential rebate programs, and retrofitting and new construction energy-efficiency programs for commercial and industrial customers. All are helping residential and business customers save energy and reduce costs in Maryland. The programs support the EmPOWER Maryland Energy Efficiency Act of 2008, which aims to reduce energy use by 15 percent by 2015.

“It’s notable that this year’s awards program attracted nominations from 26 countries, making it truly the most international representation in the program’s 14-year history,” said Larry Neal, president of Platts. “While U.S. companies dominated, nominees and finalists also came from such places as Dominica, South Africa, Pakistan, New Zealand and Malta. We congratulate each of the nominees and finalists.”

Delmarva Power and Pepco’s demand response programs are supported by Comverge, the residential energy efficiency programs are supported by ICF, and the commercial programs are supported by Lockheed Martin.

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