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ICF Resources wins energy-efficiency contracts

Wed Aug 12, 2009 3:05 PM EDT
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Associated Press
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FAIRFAX — ICF Resources Inc. said Wednesday that it received two, three-year contracts valued at $34 million to develop and implement energy- efficiency programs for residential and small business customers for two private U.S.-based utilities.

The company said it will design incentive programs and retrofit packages for existing homes and identify strategies for saving energy. It also will help develop incentives and provide marketing support through retailers to encourage consumers to buy lighting, appliances, electronics and other equipment that are more energy efficient.

It did not identify the utilities that awarded the contracts.

Shares of ICF Resources' parent, ICF International Inc., advanced $1.12, or 4.4 percent, to $26.38 in afternoon trading. The shares have traded between $15.51 and $28.75 over the past 52 weeks.

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ICF Construction is a good thing for areas where the weather gets brutal. Areas with tornadoes, 100 degree temps and -0 degree temps should be pushing it. It is also good for areas with termites. I'm surprised more home builders are not looking into switching to ICF construction. It would save so much in energy use as well as damage done by turbulent weather.

    Reply#1 - Thu Aug 13, 2009 10:37 AM EDT
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