ICF to Apply Cloud Solutions to Deliver Energy Efficiency
Programs
RESTON, Va., March 11, 2024 /PRNewswire/ -- ICF
(NASDAQ:ICFI), a global consulting and technology services
provider, was recently awarded a new three-year, $25 million contract by Entergy Arkansas to
implement the utility's energy efficiency and demand response
program portfolios, as required by the Arkansas Public Service
Commission. The contract was awarded in the fourth quarter of
2023.
ICF will bring their industry-leading energy expertise, cloud
technology and advanced analytics to deliver turnkey services for
Entergy Arkansas' residential and commercial energy efficiency and
weatherization programs. These services include program management,
marketing, customer support and engagement, call center support,
rebate processing, training, data analytics and more. The services
also include continuing to support the utility's smart thermostat
program and piloting a new program for water heaters.
In addition, ICF will continue leveraging their proprietary
cloud-based utility technology platform to provide Entergy Arkansas
with a streamlined customer experience and real-time data on
savings achieved.
Services delivered will support Entergy Arkansas' home energy
solutions, manufactured homes, multi-family homes, low-income,
agricultural and smart direct load control programs. Since 2012,
ICF has helped Entergy Arkansas customers save over 400 gigawatt
hours in energy savings, which is the equivalent of reducing over
175,000 metric tons in carbon dioxide emissions. The work under
this contract is expected to deliver an additional 190 gigawatts in
energy savings over the next three years.
"As the clean energy transition continues to accelerate,
utilities need to make data-driven decision to meet their energy
program and decarbonization goals," said Anne Choate, executive vice president for
energy, environment and infrastructure. "We are committed to
combining our industry-leading expertise with advanced technology
solutions to provide actionable insights to help Entergy Arkansas
evolve their programs and bring even greater energy and financial
savings to their customers."
ICF partners with the 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
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 together with digital strategists, data scientists
and creatives. We combine unmatched industry expertise with
cutting-edge engagement capabilities to help organizations solve
their most complex challenges. Since 1969, public and private
sector clients have worked with ICF to navigate change and shape
the future. Learn more at icf.com.
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 the 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
the 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 the effects of the novel coronavirus
disease (COVID-19), or any other future pandemic, and related
national, state and local government actions and reactions, on the
health of our staff and that of our clients, the continuity of our
and our clients' operations, our results of operations and our
outlook. These and other factors that could cause our actual
results to differ from those indicated in forward-looking
statements that are included in the "Risk Factors" section of our
securities filings with the Securities and Exchange Commission. The
forward-looking statements included herein are only made as of the
date hereof, and we specifically disclaim any obligation to update
these statements in the future.
Contact: Lauren Dyke,
lauren.dyke@ICF.com, +1.571.373.5577
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SOURCE ICF