Dominion Energy awarded 10-year contract at Philadelphia Navy Yard
Dominion Energy won a 10-year electric utility operations and maintenance (O&M) services contract for the Philadelphia Navy Yard, which is run by PIDC, a public-private economic development corporation.
Dominion Energy was selected for its strong financials and extensive background with privatized military utility installations similar to the Navy Yard electric utility grid. The company’s responsive on-site management and commitment to meaningful small business subcontracting were two other key factors. The contract will go into effect on Nov. 1.
“Dominion Energy is excited to bring its expertise in providing top-notch service to the Navy Yard,” Todd Headlee, director of customer energy solutions – Dominion Energy Virginia, said. “We bring our best effort every day to our regulated customers in Virginia and will show the same commitment to the tenants and customers at the Navy Yard.”
The Navy Yard’s electric utility system has grown and become more sophisticated since PIDC took over development in 2000 from the military. Since 2010, more than $35 million in upgrades have been performed, including the addition of a peaking plant, a battery storage plant, and Pennsylvania’s first community solar project.
“We are pleased to award this important contract to Dominion Energy, who brings unparalleled O&M experience, deep resources, and the most comprehensive expertise and support for our advanced utility operations at the Navy Yard,” Kate McNamara, PIDC’s senior vice president, Navy Yard, said. “We are confident in their capacity and knowledge to provide the best level of service to our existing customers and future customers, and this will allow the next phase of real estate development to grow and flourish.”
The next phase of development at the Navy Yard will solidify its place as a leader in business, manufacturing, R&D, and life sciences. It will include the creation of a mixed-use district including retail, makerspace, and residential development. To accommodate this, the Navy Yard is expected to add 5.4 million square feet of space over the next 15 to 20 years. Over this time, peak demand is expected to grow from 33 megawatts serving 105 accounts and 120 facilities to 55 megawatts.
Dominion Energy will be working with the City of Philadelphia’s Office of Economic Opportunity to implement an Economic Opportunity Plan to achieve an average of 40 percent of minority- and women-owned business enterprises for major repairs and planned capital projects over the 10-year contract period.
Based in Richmond, Va., Dominion Energy provides energy for more than 7 million customers in 16 states.
