Pepco Energy Services, a subsidiary of Pepco Holdings, Inc. (NYSE: POM), in partnership with Commonwealth Green Energy, LLC and Fauquier County landfill owners, will transform the Warrenton, Va. landfill into a source of green energy. Pepco Energy Services will build and operate the 2 MW power plant fueled by landfill gases at the site. The $2 million dollar project will supply green electricity to PES customers. This project showcases a new financial approach developed by PES that requiresno investment or other incentives from either the county or state level. PES created this new model specifically for smaller landfills that, unlike their larger counterparts, have limited to no access to government subsidies to implement "green" projects. The plant is expected to be completed by the third quarter, and is expected to expand to 3 MW in 10 years.
More information: www.pepcoenergy.com.