Willdan Gets Contract

Willdan Group said Wednesday it received a new three-year, $75 million base contract to implement Con Edison of New York’s commercial direct install program across the utility’s New York City and Westchester County service area. Shares added 2% in intraday trading.

This new program replaces and expands Con Edison’s Small Business Direct Install (SBDI) program, which Willdan has implemented since 2009, by increasing the size of eligible commercial customers and diversifying the program offerings.

The CDI program, Con Edison’s largest energy efficiency program, helps customers save energy, lower their bills, and protect the environment by providing financial incentives to identify and buy down the cost of energy efficiency measures.