SMECO Selects ICF for $18 Million Energy Efficiency Contract

ICF Will Deliver Residential and Commercial Energy Efficiency
Portfolio

FAIRFAX, Va.–(BUSINESS WIRE)–Southern Maryland Electric Cooperative (SMECO), has selected ICF
(NASDAQ:ICFI), a consulting and technology services provider to
government and commercial clients around the world, for a new contract
to design and deliver its residential and commercial energy efficiency
portfolio. The contract, which was
awarded in the first quarter, is valued at $18 million and has a
term of three years.

“SMECO relies on ICF’s diverse combination of services—energy
technology, digital and interactive services, data analytics, IT
solutions, contractor training, marketing and call center support—to
deliver cost-effective, customer-centric energy efficiency programs,”
said Jeff Shaw, vice president of distributed energy and sustainability
for SMECO. “We look forward to continuing to work with ICF to develop
and implement programs designed to help our customer-members save energy
and money.”

ICF has delivered SMECO’s energy efficiency portfolio for the past nine
years, providing strategic advisory and implementation services and
helping the cooperative plan for the next generation of demand side
management programs. Over this period, SMECO has garnered multiple JD
Power customer satisfaction and ENERGY STAR awards for its programs.

ICF’s Southern Maryland-based team will continue to serve as a trusted
advisor to SMECO as it works to achieve increasingly aggressive
statewide energy efficiency goals by motivating customers across
multiple communities to engage in energy‐saving behaviors. The Maryland
Public Service Commission is expected to approve the cooperative’s
2018-20 program filings in December.

“ICF is proud of its role in helping SMECO build award-winning programs
that keep the customer front and center,” said Mike
Mernick, senior vice president for ICF. “We are thrilled to continue
to work with SMECO to further integrate its energy efficiency and demand
response programs and empower its customers to make smart energy
decisions to realize even greater cost savings.”

SMECO
is a customer-owned electric cooperative that provides electricity to
more than 160,000 services in Southern Maryland.

For More Information

• ICF
  Energy Efficiency Design & Implementation
• ICF
  Demand Side Management Programs

About ICF

ICF (NASDAQ:ICFI) is a global consulting and technology services
provider with more than 5,000 professionals focused on making big things
possible for our clients. We are business analysts, policy specialists,
technologists, researchers, digital strategists, social scientists and
creatives. Since 1969, government and commercial clients have worked
with ICF to overcome their toughest challenges on issues that matter
profoundly to their success. Come engage with us 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; and our ability to
acquire and successfully integrate businesses. These and other factors
that could cause our actual results to differ from those indicated in
forward-looking statements 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.

Contacts

ICF
Erica Eriksdotter, +1 703-934-3668
[email protected]