by AF 1001 j5 — October 6, 2008—FPL Services has won a contract with the Lee County (Florida) School Board to improve energy efficiency at 25 schools, saving the district $8.2 million over 10 years, according to a recent FPL announcement. Under the contract, FPL Services will design, build and help finance comprehensive energy conservation upgrades at the schools.
Lee County Schools will not have to spend any current capital budget dollars to fund these energy and water resource conservation improvements. Through a mechanism called performance contracting (as provided for in Chapter 1013 of the Florida Statutes), 100 percent of the capital improvements will be funded by savings in energy and water reduction usage and operating and maintenance costs-guaranteed by FPL Services so that the school can invest more in its core education mission.
This new program represents the Lee County School Board’s second round of energy upgrades with FPL Services. In 2006, 14 schools underwent infrastructure overhauls to utilize less energy and water resources.
Together with this new phase, all 39 upgraded schools are expected to save Lee County Schools an average of $1.3 million per year, every year, for the next 10 years or more.
For more information, see the visit FPL Web site.
