NextEra Energy Solutions launches $7.5 million renovation project in Mt. Pleasant Independent School District

   NextEra Energy Solutions launches $7.5 million renovation project in Mt.
                     Pleasant Independent School District

PR Newswire

DALLAS, Jan. 8, 2013

DALLAS, Jan. 8, 2013 /PRNewswire/ -- Using an innovative financing approach,
the Mt. Pleasant Independent School District (ISD) partnered with energy
savings specialist NextEra Energy Solutions to upgrade lighting, replace aging
HVAC equipment, lower operating and maintenance costs, and deliver a
significantly improved educational environment for Mt. Pleasant students and
staff. The $7.5 million project, which will benefit almost all of the
district's buildings, produces a positive cash flow in each of the 15 years of
the contract term. The district will see more than $500,000 per year in
savings, thus exceeding the total cost of the project. Construction began in
April 2012 and is scheduled to be completed by the summer of 2013.

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

Like many school districts throughout the country, the Mt. Pleasant ISD had an
aging infrastructure, limited capital budgets, and expanding educational
needs. Critical improvements were needed, but a bond referendum or other
tax-based solution was not an option.

Working closely with the District, NextEra Energy Solutions created a
multi-phase plan under which renovations would be done using a performance
contracting agreement. Over the performance period of the contract, savings
are guaranteed by the implementation of specific energy conservation measures
(ECMs).

Additional savings will come in the form of rebates from the local utility and
by taking advantage of a Department of Education loan program. NextEra helped
the school district apply for utility rebates as well as a funding mechanism
known as Qualified Zone Academy Bonds (QZAB). The federal QZAB program enables
qualifying schools to borrow at nominal interest rates (as low as zero
percent) for costs incurred in connection with improving energy efficiency,
implementing renewable energy measures, and teaching STEM (science,
technology, engineering, and math) academic curricula.

As part of the QZAB process, NextEra committed to make an in-kind contribution
of products and services equal to 10 percent of the overall project cost. This
included two 10-kW solar arrays that not only produce electricity, but also
provide a teaching platform to support STEM curricula. Real-time information
about the solar panels and their savings profile is available through all the
district's computers and is used for classes on sustainable energy production
and other topics.

The work at Mt. Pleasant ISD encompassed over 20 buildings, including
elementary, middle and high schools as well as special education,
administration, warehouse, and sports facilities. The total savingsresult
from lower energy costs, reduced maintenance expense, and capital cost
avoidance over 15 years.

The renovation program also delivered other tangible benefits besides energy
conservation and reduced maintenance costs for older equipment. The addition
of high-efficiency HVAC units markedly improved environmental conditions while
saving energy. Students and staff throughout the district now enjoy brighter,
more consistent and uniform light levels in all buildings that were
upgraded.Energy efficient floodlights, which will improve security and safety
in outdoor areas of school facilities, were added as part of the project. A
building automation system was also installed, enabling central control of the
district buildings.

"The improvements and savings at almost every facility in the District are
remarkable, and more important, measurable," said Mt. Pleasant District
Superintendent Dr. Lynn Dehart. "A renovation of this magnitude would not have
been possible without the expertise of NextEra Energy Solutions and the close
working relationship we created."

NextEra Energy Solutions
NextEra 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/ESCO.

SOURCE NextEra Energy Solutions

Website: http://www.NextEraEnergySolutions.com
Contact: Patrick Mcelhaney, NextEra Energy Solutions, +1-561-681-3133
 
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