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BGE Awards ICF $65 Million in Energy Efficiency ContractsCompany 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, the utility's statewide energy efficiency and demand response program. The agreements were awarded in the 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 their 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 their energy efficiency programs as they navigate the challenging transition to a clean energy future," 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 their program goals." ICF partners withthe 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 the energy value chain—from strategy to planning and analysis to implementation. The company currently delivers over 200 active energy efficiency, electrification and demand management programs across North America, including for the top 60 utilities. The company has processed over $3.1 billion in energy efficiency rebates and is one of the largest electrification implementers in the U.S. ICF's energy experts work hand-in-hand with the company's technologists, data analysts, marketers and more to design and implement cost-effective, award-winning utility programs that deliver maximum energy savings and advance the transition to clean energy. Read more about ICF's energy efficiency and technology services and how they help clients meet their electrification and decarbonization goals. About ICF Caution Concerning Forward-looking Statements Contact: Lauren Dyke, [email protected], +1.571.373.5577 View original content to download multimedia:https://www.prnewswire.com/news-releases/bge-awards-icf-65-million-in-energy-efficiency-contracts-302080187.html SOURCE ICF |