April 24, 2014 5:26 PM ET

Electric Utilities

Company Overview of Washington Gas Energy Services, Inc.

Company Overview

Washington Gas Energy Services, Inc. supplies electricity, natural gas, and green energy options to commercial and residential customers in Delaware, District of Columbia, Maryland, Pennsylvania, and Virginia. The company was founded in 1996 and is based in Herndon, Virginia. Washington Gas Energy Services, Inc. operates as a subsidiary of Washington Gas Resources Corp.

13865 Sunrise Valley Drive

Suite 200

Herndon, VA 20171-4661

United States

Founded in 1996

Phone:

703-793-7500

Fax:

703-793-7301

Key Executives for Washington Gas Energy Services, Inc.

Director of Regulatory and External Affairs
Compensation as of Fiscal Year 2013.

Washington Gas Energy Services, Inc. Key Developments

Northern Virginia Community College Now Matches 35% of Natural Gas Usage with Washington Gas Energy Services Unique Carbon Offset Product

Washington Gas Energy Services, Inc. (WGES) announced that Northern Virginia Community College (NOVA) is matching 35% of its natural gas usage with WGES CleanSteps(R) Carbon Offsets. One of the largest community colleges in the country, NOVA's offset purchase will have an environmental impact equivalent to avoiding the consumption of almost 125,000 gallons of gasoline. WGES CleanSteps(R) Carbon Offsets support independently verified local carbon-reduction projects in the areas of efficient transportation and landfill gas capture and destruction. The carbon-reduction projects have environmental benefits for the region, such as improved air and water quality. Through WGES' partnership with the Chesapeake Bay Foundation (CBF), a portion of all offset purchases supports the Carbon Reduction Fund, which is used to develop future clean air and water projects, such as tree plantings, throughout the Chesapeake Bay region. NOVA students and faculty interested in supporting these projects will be invited to volunteer at WGES' annual Earth Month tree planting event, held in conjunction with CBF, in April.

Washington Gas Energy Services, Inc. Introduces Unique Pennsylvania Carbon Offset Product

Washington Gas Energy Services, Inc. announced the launch of WGES PA Carbon Offsets, a unique product that is designed to reduce the carbon impact of WGES' natural gas customers in Pennsylvania. Developed in partnership with the Pennsylvania Environmental Council (PEC) and Sterling Planet, WGES PA Carbon Offsets, initially available in the PECO utility territory, match customers' natural gas usage with carbon offsets while also funding future clean air and water projects in Pennsylvania. WGES is a subsidiary of WGL which offers a diverse set of energy sources including natural gas, wind, and solar as well as a range of energy solutions -- generation, storage, transportation, distribution, supply, and efficiency -- which serve customers in more than 25 states. WGES PA Carbon Offsets come from methane gas capture projects in Conestoga, Lebanon and Scotland, Pa., providing independently verified environmental benefits. A notable feature of the WGES PA Carbon Offsets product is its contributions into the PA Carbon Reduction Fund, managed by PEC, established to fund additional clean air and water projects such as tree plantings throughout the state. WGES PA Carbon Offsets will now be matched to 5% of all residential customers' natural gas usage and 3.5% of all small commercial customers' natural gas usage in the PECO region, covering Bucks, Chester, Delaware, Montgomery, and Philadelphia counties. Residential and small commercial WGES customers who wish to do more for the environment have the option to choose 100% WGES PA Carbon Offsets to counterbalance all the carbon emissions from their natural gas usage. Large commercial customers have the option to customize the percent of their natural gas that is matched with carbon offsets.

Washington Gas Energy Services Selected to Provide Groundswell 100% Wind Power for its Community Power Program Bid

Groundswell, has selected Washington Gas Energy Services (WGES) 100% CleanSteps(R) WindPower for the current round of its Community Power Project and Community Power Programs for Homes. These programs enable local institutions and residents in Washington, D.C. and Maryland to apply their collective buying power to shift to clean energy while also reducing their costs and driving new neighborhood investment. Groundswell facilitated a Community Power Project agreement between WGES, 23 houses of worship and 3 public charter schools in the Washington, D.C. metropolitan area who will each purchase 100% Green-e(R) Energy-certified WGES CleanSteps(R) WindPower for their annual combined electricity load of approximately 10 million kilowatt hours. By choosing wind power, the 26 organizations are avoiding the creation of a combined total of 7,000 metric tons of carbon dioxide, equivalent to eliminating the consumption of more than 790,000 gallons of gasoline or taking more than 1,450 cars off the road for one year.

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