Exergetic Energy, Inc. (EEI), an integrated energy supply company, announced its recent designation as a solar integrator by the Department of Justice’s FPI/UNICOR Program. The designation not only will make EEI eligible to bid on federal work, but also will allow it to purchase competitively-priced solar panels for customers.
Exergetic Energy specializes in providing energy solutions for businesses and governments. Its early roots are in renewable energy, designing, installing and maintaining solar photovoltaic systems. This year, the company broadened its reach and expanded into nonrenewable energy with the purchase of Specialized Services, a 20-year-old company that optimizes fuel use and supplies fuel to businesses.
Elevated into a premier tier of energy companies, Exergetic Energy is now placed in a small field of businesses able to bid on $75 million worth of federal work. Further funding is possible as well, particularly if the solar integration does what it should and saves money in the long run.
“A lot of the (federal) construction contracts are in solar design,” Clarence McCollum, chairman and CEO, explained. And unlike many of the chosen solar companies, Exergetic Energy is not simply a construction firm. Its team of experienced scientists and engineers can design a system that meets challenges in the environment or construction.
Hurricane Irene illustrated a point made by McCollum in a blog issued by SmallCapVoice.com.
“Hurricane zones are a major issue,” McCollum said. “If you don’t anchor the panels correctly, they can become projectiles on roofs in a storm. In construction, cities are highly condensed and the HVAC system takes up most of the roof space. We have to design around that.” Where these challenges are present for federal projects, only companies with specific experience in certain geographic regions are allowed to bid out of the small pool of designees. “We could be the sole-source bidder depending on the location and complexity of the project,” said McCollum.
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