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E3, a Willdan Company, Releases Study for Amazon on Rate Design to Address AI-Driven Electric Load Growth

E3, a wholly owned subsidiary of Willdan Group, Inc. (NASDAQ: WLDN), has released an independent study commissioned by Amazon to evaluate rate design strategies for managing rapid growth in large electric loads. The research focuses on the impact of new, high-energy consumers—particularly data centers—on utility systems and customers, with a specific emphasis on the surge in electricity demand driven by artificial intelligence, digitalization, transportation electrification, and the reshoring of manufacturing. The study, conducted by Energy + Environmental Economics (E3), offers actionable insights for regulators and energy providers as they prepare for sustained load growth. It analyzes how current and evolving rate structures can support infrastructure investment, ensure grid reliability, and maintain affordability for consumers amid increasing energy demands. Mike Bieber, CEO of Willdan, highlighted the significance of the work: “We appreciate this opportunity to support Amazon and other large energy customers as they navigate an energy landscape increasingly shaped by AI, digitalization, transportation electrification, and reshoring of manufacturing. This study provides critical guidance for utilities seeking to manage rapid load growth and economic development while keeping rates affordable.” E3’s analysis draws on decades of experience advising utilities, policymakers, and major energy users on electricity system planning, rate design, and clean energy integration. The findings are intended to help stakeholders balance the need for reliable, scalable infrastructure with equitable cost distribution. The full study, including detailed recommendations and data-driven models, is available for download through E3’s website. It serves as a resource for utilities, regulators, and industry leaders developing long-term energy strategies in a fast-evolving market. Willdan Group, Inc. is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private sector clients. Its service areas include electric grid solutions, energy efficiency and sustainability, energy policy planning, engineering and infrastructure development, and municipal financial consulting. For more information, visit www.willdan.com or follow the company on LinkedIn and Facebook. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not purely historical and may involve risks and uncertainties that could cause actual results to differ materially. Factors include, but are not limited to, those detailed in Willdan’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 27, 2024. Willdan cautions readers not to place undue reliance on these forward-looking statements and disclaims any obligation to update or revise them.

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