Delmarva Power, Exelon Fund Launch Of Renewables Education Center

Posted by Lauren Tyler on February 13, 2017 No Comments
Categories : FYI

Exelon and Delmarva Power have announced the opening of Delaware State University’s (DSU) Renewable Energy Education Center, which was made possible by a $720,000 Delmarva Renewable Energy Workforce Development grant provided by the two companies.

As reported, this grant is among the commitments Exelon made as part of its merger with Pepco Holdings in March 2016. Specifically, the companies will provide a donation of $180,000 each year for four years.

The Renewable Energy Education Center will help increase access to clean energy and advance the state’s goal to get 25% of its electricity from renewable sources by 2025. According to the companies, the center will work to establish the state’s baseline of renewable energy literacy and usage; improve the infrastructure and capacity of renewable energy education, research and extension; and offer certificate programs and credentialing services in renewable energy.

“Exelon and Delmarva Power are committed to supporting innovative programs that help states achieve their renewable energy goals and support workforce development in the communities where we live and work,” says Dave Velazquez, Pepco Holdings president. “Programs like this will play a critical role in preparing our workforce for the clean energy jobs of tomorrow.”

“This support from Exelon and Delmarva Power enables DSU to further diversify its research portfolio and enhance the work already being done by our faculty scientists and students in the energy field of study,” says DSU President Harry L. Williams. “The establishment of a Renewable Energy Education Center here on campus not only expands the university’s academic possibilities, but also makes DSU an energy education resource and, therefore, a greater asset to the state of Delaware and beyond.”

Together with Exelon, Pepco Holdings and Delmarva Power are providing Delaware with a package of merger benefits worth more than $45 million, including residential customer bill credits, residential arrearage forgiveness, workforce development funding and energy-efficiency program funding for low-income customers.

In total, the combined companies are delivering a package of direct benefits worth more than $440 million across the Pepco Holdings territories, including Atlantic City Electric in New Jersey, Delmarva Power in Delaware and Maryland, and Pepco in Maryland and the District of Columbia.

Exelon is one of the largest competitive U.S. power generators, with more than 32,700 MW of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets.

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