This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NextEra Energy Solutions Helps Muenster Independent School District Save Over $240,000 Through Improved Energy Efficiency And Light Levels

DALLAS, Jan. 24, 2013 /PRNewswire/ -- Using an innovative financing approach, the Muenster, Texas, Independent School District (ISD) partnered with NextEra Energy Solutions to upgrade lighting, replace aging HVAC equipment, and deliver a significantly improved educational environment for Muenster ISD students. The renovations, which were done at no additional cost to District taxpayers and completed in a span of just two months, are predicted to deliver tens of thousands of dollars a year in savings.

(Logo: http://photos.prnewswire.com/prnh/20130107/CL38398LOGO )

The Muenster ISD faced challenges familiar to school districts throughout the country. Aging infrastructure, limited capital budgets, and expanding student demand had all placed a burden on the District as it prepared for the school semester. It was clear that improvements were needed. What was not clear was how to get them accomplished in just two months without a bond referendum or other tax-based solution.

Working closely with the District, NextEra Energy Solutions did the work under a performance contracting agreement. This means that the entire cost of the project will be paid through savings generated by the energy efficient upgrades and rebates from the local utility, imposing no upfront capital costs on the District or additional burdens on local taxpayers.

The contract guarantees over $240,000 in energy savings, reduced maintenance costs, and capital cost avoidance over the term of the agreement. NextEra Energy Solutions was also able to help Muenster secure approximately $20,000 in utility rebates.

Renovations were completed from July 2012 to August 2012 to create as little disruption to school year activities as possible. In that time new split-system, high-efficiency HVAC units were added, markedly improving environmental conditions and saving energy. Programmable thermostats were installed in many areas, and lighting was improved throughout the district. In all, over 828 light fixtures were replaced or upgraded.

The renovation program also delivered other tangible benefits besides energy conservation and reduced maintenance costs for older equipment. Students and staff throughout the district now enjoy brighter, more consistent and uniform light levels in all buildings that were upgraded.  In addition, lighting for the school's competition gymnasium now meets the Texas University Interscholastic School League standards. Energy efficient floodlights, which will improve security and safety in outdoor areas of the school facilities, were also added as part of the project.

Muenster District Superintendent Clay Richerson said, "The school environment for our students and our teachers has been greatly improved."

The improvements encompassed a number of facilities at Muenster including: the administration building, the high school, the gymnasium, the athletic training center and the third and fourth grade instructional facility.

"With NextEra Energy Solutions' help, we were able to make these improvements without asking for additional capital support from our local population," said School Board President Steve Trubenbach. "The fact that NextEra Energy Solutions was able to help us save over $240,000 and complete the work in just two months with no disruption to our school schedule and no capital cost to the District is nothing short of amazing."

NextEra Energy SolutionsNextEra Energy Solutions provides innovative energy efficiency, water conservation and renewable solutions for municipal, education, healthcare, federal government, commercial and industrial customers. NextEra Energy Solutions is an indirect subsidiary of NextEra Energy Inc. (NYSE NEE), a leading clean energy company with revenues of more than $15.3 billion, more than 41,000 megawatts of generating capacity, and approximately 15,000 employees in 24 states and Canada as of year-end 2011. Headquartered in Juno Beach, Fla., NextEra Energy's principal subsidiaries are Florida Power & Light Company, which serves approximately 4.6 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country, and NextEra Energy Resources, LLC, which together with its affiliated entities is the largest generator in the United States of renewable energy from the wind and sun. For more information, please visit www.NextEraEnergySolutions.com.

SOURCE NextEra Energy Solutions

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs