Pepco Energy Services, Inc., a subsidiary of energy delivery
Pepco Holdings, Inc.
), received an energy savings contract from Sarah Bush Lincoln
Health System ("SBLHS") in Mattoon, Ill. Per the contract, Pepco
Energy will install new energy conservation measures worth $3
million in twelve buildings.
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Pepco Energy will work on exterior LED lighting retrofits,
building automation system upgrades, water conservation measures,
steam system improvements, ventilation system retrofits and
building envelope sealing of these twelve buildings. The
buildings will include a hospital, medical centers, office
buildings and clinics.
We believe energy efficiency programs like this not only lead to
effective utilization of electricity but also help to reduce the
emission of green house gases. The energy conservation measures
will add up to an annual savings of $334,000 for SBLHS and lower
the green house gas emission by 4.4 million lbs. per year.
All the upgrades are expected to be completed by Dec 2013. Pepco
Energy Services' expertise in implementing energy efficiency
measures won them the contract. The company had implemented quite
a few energy efficiency programs in 2012. The last one was in
June 2012, when Pepco Energy fitted $1.2 million worth of energy
saving equipment in the Mineral Wells Independent School
Coal-fired generation plants have lately come under fire from
environmental activists and the Obama administration has in
response implemented stringent regulations. Usage of scrubbers in
coal fired generation units, the increasing uptake of natural gas
to produce power and power production from alternate renewable
sources will definitely help to lower emission.
However, the demand for electricity will continue to increase
with increasing dependence on gadgets and modern amenities. The
effective and efficient usage of energy through comprehensive
energy savings measures will play a vital role in shaping our
future demand for energy.
Pepco Holdings currently has a Zacks Rank #4 (Sell). Other
well-placed utilities at the moment are
Brookfield Infrastructure Partners L.P.
Integrys Energy Group, Inc.
). All of these currently retain a Zacks Rank #2 (Buy).