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Salt River Project Selects Willdan’s LoadSEER Software to Support Planning, Grid Modernization, and DER Integration

ANAHEIM, Calif.–(BUSINESS WIRE)–Willdan Group, Inc. (NASDAQ: WLDN) announced today that Salt River
Project (SRP), a community-based, not-for-profit public power utility
and the largest provider of electricity in the greater Phoenix
metropolitan area, has selected LoadSEER to deliver foundational load
and distributed energy resource (DER) planning as part of its grid
modernization strategy. LoadSEER is the flagship software application of
Willdan’s software unit, Integral Analytics. This five-year contract was
signed on September 26 and provides SRP, as the first utility in Arizona
to utilize LoadSEER, access to more granular network intelligence, while
allowing the utility to efficiently invest in its distribution network,
based on in-depth analysis of evolving customer energy use patterns and
the emerging impact of solar, storage, and electric vehicles.

“LoadSEER will add a critical analytics layer to our capabilities,
empowering our team to meet distributed energy resource integration and
grid modernization objectives as part of SRP’s 2035 Sustainability
Goals,” said John Coggins, SRP’s Associate General Manager and Chief
Power System Executive. “LoadSEER will leverage our investments in data
acquisition, telemetry, metering, and customer programs to more
precisely understand how to serve our customers’ needs with a changing
mix of resources at the lowest possible cost.”

“LoadSEER addresses the complexity and risks in grid planning unique to
Arizona, such as the volatility of solar production and the rapid
electric load growth in many areas,” said Tom Brisbin, Willdan’s
Chairman and CEO. “With LoadSEER, SRP can pursue the optimal mix of
resources to serve customers reliably at every point on their network.”

About Salt River Project (SRP)
SRP, which has been serving
central Arizona since 1903 as the oldest multipurpose federal
reclamation project in the United States, today is one of the nation’s
largest public power utilities. SRP provides electricity to more than 1
million retail customers in a 2,900-square-mile service area that spans
three Arizona counties, including most of the metropolitan Phoenix area.
An integrated utility providing generation, transmission, distribution,
metering and billing services, SRP is also the largest raw water
supplier in the Phoenix area, delivering about 800,000 acre-feet
annually to agricultural, urban and municipal water users. To learn more
about SRP, please visit www.srpnet.com.

About Willdan
Willdan is a nationwide provider of
professional technical and consulting services to utilities, government
agencies, and private industry. Willdan’s service offerings span a broad
set of complementary disciplines that include electric grid solutions,
energy efficiency and sustainability, engineering and planning, and
municipal financial consulting. For additional information, visit
Willdan's website at www.willdan.com.

About Integral Analytics
Integral Analytics, a unit of
Willdan Group, Inc., provides trusted software products that merge
economics and engineering to deliver statistically-robust forecasting
and valuation analytics through which over 40 utilities and distributed
energy resource owners make optimized financial and engineering
decisions. More information is available at: www.integralanalytics.com.

Forward-Looking Statements
Statements in this press release
that are not purely historical, including statements regarding Willdan's
intentions, hopes, beliefs, expectations, representations, projections,
estimates, plans or predictions of the future are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The forward-looking statements involve risks and
uncertainties including, but not limited to, the risk that Willdan will
not be able to expand its services or meet the needs of customers in
markets in which it operates. It is important to note that Willdan’s
actual results could differ materially from those in any such
forward-looking statements. Factors that could cause actual results to
differ materially include, but are not limited to, Willdan’s ability to
adequately complete projects in a timely manner, Willdan’s ability to
compete successfully in the highly competitive energy efficiency
services market, changes in state, local, and regional economies and
government budgets, Willdan’s ability to win new contracts, to renew
existing contracts (including with its two largest customers) and to
compete effectively for contract awards through bidding processes and
Willdan’s ability to successfully integrate its acquisitions and execute
on its growth strategy. Willdan’s business could be affected by a number
of other factors, including the risk factors listed from time to time in
Willdan’s reports filed with the Securities and Exchange Commission,
including, but not limited to, the Annual Report on Form 10-K filed for
the year ended December 29, 2017. Willdan cautions investors not to
place undue reliance on the forward-looking statements contained in this
press release. Willdan disclaims any obligation to, and does not
undertake to, update or revise any forward-looking statements in this
press release.

Contacts

Willdan Group, Inc.
Stacy McLaughlin, 714-940-6300
Chief
Financial Officer
[email protected]
or
Investor/Media
Contact
Financial Profiles, Inc.
Tony Rossi, 310-622-8221
[email protected]