Servidyne (SERV) Enters Contract with Tesoro (TSO) to Provide Lighting and Daylight Controls at Langley Air Force Base

October 6, 2009 11:18 AM EDT

Servidyne (Nasdaq: SERV) announced today that it has entered into a contract with Tesoro Corporation (NYSE: TSO) to provide lighting and daylight controls at Langley Air Force Base. Servidyne will integrate the energy efficient devices in nearly 80 buildings at the United States military facility located in Hampton, Virginia. The contract is being funded by the American Recovery and Reinvestment Act of 2009.

Servidyne will install approximately 6,000 lighting controls in the base's buildings, as well as daylight harvesting controls in two of the buildings. Upon project completion, it is estimated that the U.S. Air Force will reduce its yearly consumption of electricity at the base by more than 1 million kWh, and as a result eliminate nearly 2 million pounds of CO2 emissions from the atmosphere, which is equivalent to taking more than 100 cars off the road or saving nearly 225 acres of trees. Servidyne anticipates completing its work at Langley by March 2010, and expects the project to generate revenues of approximately $800,000.

The Company was awarded the project by Tesoro after a competitive bid process, and will perform the work under Tesoro's federal Multiple Award Construction Contract. Servidyne's wide array of energy reduction services aligns well with the federally-funded energy efficiency initiatives.

"Lighting controls typically reduce lighting usage by thirty to sixty percent depending on occupancy," explains Todd Jarvis, President, Servidyne Systems, LLC. "Servidyne is in full support of the federal government's energy efficiency goals. This controls integration project at Langley will not only reduce the Air Force's energy costs, but also will lower greenhouse gas emissions. We are experts at helping others achieve their energy reduction goals by using technology to increase building efficiency, and as a result we often are called upon to perform this type of work."

Related Categories

Corporate News

Stocks Mentioned

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?