ANAHEIM, Calif.--(BUSINESS WIRE)--Apr. 17, 2018--
Willdan Group, Inc. (NASDAQ: WLDN) today announced that, for the fourth
consecutive time, Puget Sound Energy (PSE) has selected Willdan to
implement its Small Business Direct Install (SBDI) Program. This
two-year, $6 million program will continue to provide direct install
services to small businesses and has been expanded to also serve lodging
and small agricultural facilities. The program aims to deliver 15.8
million kWh and 6,000 therms savings for PSE customers. Willdan
previously worked with small- and medium-sized lodging customers under
the Lodging Direct Install Program and served over 20 small agricultural
customers under the previous SBDI Program. Outreach and services to
customers in these markets will continue to expand with this latest
program award.
“This direct install program is essential to serving some of our
hardest-to-reach and underserved customers,” said Sarah Cann, PSE
Program Manager for the SBDI Program. “We plan to use Willdan’s
understanding of these markets and customer outreach experience to help
us bring significant savings and improved work environments to these
customer segments.”
The SBDI Program will target energy savings in five regions each year,
focusing on a downtown city core group of businesses. Willdan will
continue to coordinate with PSE’s Contractor Alliance Network to recruit
new program participants and to install a combination of lighting, HVAC,
controls, domestic hot water, and refrigeration measures at very low
costs to the customer.
About Puget Sound Energy
Puget Sound Energy is proud to serve our neighbors and communities in 10
Washington counties. PSE is Washington’s largest utility, supporting 1.1
million electric customers and 800,000 natural gas customers. For more
about PSE and what they do, visit pse.com
and follow them on Facebook and Twitter.
About Willdan
Willdan provides professional consulting and technical services to
utilities, public agencies and private industry throughout the United
States. The Company's service offerings span a broad set of
complementary disciplines that include energy efficiency and
sustainability, engineering and planning, financial and economic
consulting, and national preparedness. Willdan provides integrated
technical solutions to extend the reach and resources of its clients,
and provides all services through its subsidiaries specialized in each
segment. For additional information, visit Willdan's website at www.willdan.com.
Forward-Looking Statements
Statements in this press release that are not purely historical,
including statements regarding Willdan's intentions, hopes, beliefs,
expectations, representations, projections, estimates, plans or
predictions of the future are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
forward-looking statements involve risks and uncertainties including,
but not limited to, the risk that Willdan will not be able to expand its
services or meet the needs of customers in markets in which it operates.
It is important to note that Willdan’s actual results could differ
materially from those in any such forward-looking statements. Factors
that could cause actual results to differ materially include, but are
not limited to, Willdan’s ability to adequately complete projects in a
timely manner, Willdan’s ability to compete successfully in the highly
competitive energy efficiency services market, changes in state, local,
and regional economies and government budgets, Willdan’s ability to win
new contracts, to renew existing contracts (including with its two
primary customers) and to compete effectively for contract awards
through bidding processes and Willdan’s ability to successfully
integrate its acquisitions and execute on its growth strategy. Willdan’s
business could be affected by a number of other factors, including the
risk factors listed from time to time in Willdan’s reports filed with
the Securities and Exchange Commission, including, but not limited to,
the Annual Report on Form 10-K filed for the year ended December 29,
2017. Willdan cautions investors not to place undue reliance on the
forward-looking statements contained in this press release. Willdan
disclaims any obligation to, and does not undertake to, update or revise
any forward-looking statements in this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180417005446/en/
Source: Willdan Group, Inc.
Willdan Group, Inc.
Stacy McLaughlin
Chief Financial
Officer
714-940-6300
smclaughlin@willdan.com
or
Investor/Media
Contact
Financial Profiles, Inc.
Tony Rossi, 310-622-8221
trossi@finprofiles.com