August 31, 2014 5:30 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Pepco Energy Services, Inc.

Company Overview

Pepco Energy Services, Inc. provides renewable energy, and energy efficiency products and services to federal government, educational, state and local government, healthcare, institutional, public housing, commercial, and industrial customers in the United States. The company engages in the design, development, and operation of renewable energy projects, including solar energy, geothermal energy, landfill gas-to-energy, hydroelectric power, wind, and solid waste-to-power projects for its customers; design and construction of energy infrastructures, such as combined thermal and power systems for single buildings and multi-facility campuses; and supply of electricity and natural gas. It also p...

1300 North 17th Street

Suite 1500

Arlington, VA 22209

United States

Founded in 1995

Phone:

703-253-1800

Fax:

703-253-1698

Key Executives for Pepco Energy Services, Inc.

Chief Executive Officer and President
Age: 54
Vice President and Controller
Chief Operating Officer
Chairman of Pepco Holdings Inc
Age: 57
Senior Vice President of Operations - Energy Services
Compensation as of Fiscal Year 2014.

Pepco Energy Services, Inc. Key Developments

Pepco Energy Services, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Pepco Energy Services, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating revenues were $79 million compared to $49 million for the same period a year ago. Operating Income was $2 million compared to $2 million for the same period a year ago. Income before income taxes was $3 million compared to $2 million for the same period a year ago. Net income from continuing operations (GAAP) was $2 million compared to $1 million for the same period a year ago. For the six months, the company reported operating revenues were $139 million compared to $106 million for the same period a year ago. Operating income was $2 million compared to $5 million for the same period a year ago. Income before income taxes was $3 million compared to $6 million for the same period a year ago. Net Income from continuing operations (GAAP) was $2 million compared to $4 million for the same period a year ago.

Pepco Energy Services, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Pepco Energy Services, Inc. announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported operating revenues of $60 million compared to $56 million a year ago. Earnings were zero for discontinued operations, compared to a net loss of $1.35 per share, for the same period in the prior year.

Horry County, SC and Pepco Energy Services, Inc. Contract for Major Energy and Infrastructure Improvements in over 100 County Facilities

Pepco Energy Services, Inc. announced that it has entered into an Energy Savings Performance Contract (ESPC) with Horry County, South Carolina. Under the contract, Pepco Energy will install $8 million of energy conservation measures (ECMs) in over 100 Horry County facilities that are guaranteed to save the County more than $600,000 in the first year, and nearly $11 million over the financing term, while also addressing critical infrastructure needs.

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