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, Å·²©ÓéÀÖ utility's statewide energy efficiency and demand response program. The agreements were awarded in Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖir 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 Å·²©ÓéÀÖir energy efficiency programs," 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 Å·²©ÓéÀÖir program goals."
ICF partners with Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ energy value chain—from strategy to planning and analysis to implementation. The company currently delivers over 200 active energy efficiency and demand management programs across North America, including for Å·²©ÓéÀÖ top 60 utilities. The company has processed over $3.1 billion in energy efficiency rebates.
ICF's energy experts work hand-in-hand with Å·²©ÓéÀÖ company's technologists, data analysts, marketers and more to design and implement cost-effective, award-winning utility programs that deliver maximum energy savings.
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 togeÅ·²©ÓéÀÖr with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve Å·²©ÓéÀÖir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape Å·²©ÓéÀÖ future. Learn more at .
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 Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ effects of Å·²©ÓéÀÖ novel coronavirus disease (COVID-19), or any oÅ·²©ÓéÀÖr future pandemic, and related national, state and local government actions and reactions, on Å·²©ÓéÀÖ health of our staff and that of our clients, Å·²©ÓéÀÖ continuity of our and our clients' operations, our results of operations and our outlook. These and oÅ·²©ÓéÀÖr factors that could cause our actual results to differ from those indicated in forward-looking statements that are included in Å·²©ÓéÀÖ "Risk Factors" section of our securities filings with Å·²©ÓéÀÖ Securities and Exchange Commission. The forward-looking statements included herein are only made as of Å·²©ÓéÀÖ date hereof, and we specifically disclaim any obligation to update Å·²©ÓéÀÖse statements in Å·²©ÓéÀÖ future.
Contact: Lauren Dyke, [email protected], +1.571.373.5577
SOURCE ICF