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Lime Energy Awarded Small Business Direct Install Contract with Oncor Electric Delivery Company

NEWARK, N.J.--(BUSINESS WIRE)--Lime Energy Co. (NASDAQ:LIME) has been awarded a three-year contract with an expected value of $9 million to implement a Small Business Direct Install (SBDI) program for Oncor Electric Delivery Company (Oncor). Oncor will provide roughly $1.57 million in annual incentives for eligible commercial customers to improve efficiency in their businesses. Oncor and Lime Energy intend to deliver 6,680 MWh of energy savings and 1.6 MW of demand reduction in the following regions: Tyler, Waco, and Midland-Odessa. The program will be marketed under the Main Street Efficiency brand and will be available through 2019.