GUARANTEED ENERGY SAVINGS
Performance Contracting
Among largest U.S. electric utilities
We serve approximately 4.7 million
Turn-key energy services solutions
Over 150 million dollars in
PC in Florida in the past 25 years
customers in Florida
Largest provider in this state
Never missed a savings guarantee in
25 years of managing projects
Generation assets in 26 states
NextEra Energy operates 8
nuclear power units in Florida,
New Hampshire, Iowa and
Wisconsin, along with 15
traditional power plants in Florida
FPL Group is #1 in the U.S. for solar, wind & energy efficiency
Energy Savings Performance Contracting
(ESPC)
A partnership between a county and an Energy
Services Co. (ESCO) FPL Services…to identify,
design, guarantee, install and manage capital
improvements when they create self funded
opportunities by:
Saving Energy, Water & Operational Costs
Deferring Future Capital Expenditures
Performance Contracting For St. Lucie County
How does Energy Performance Contracting Work?
Energy Savings
O & M Savings
Current
Operational
Costs
Benefits
Annual Capital
Repayment
For SLC
Capital Avoidance
New
Operational
Costs
Operational
Costs after
Project
Repayment
St. Lucie County receives 100% of annual savings and revenue that exceed
the guarantee!
Energy Savings Performance Contracting
Governing law is FS 489.145
In effect since 1990
FPL Services has performed over 150 million
dollars in performance contracting in Florida
2007 St. Lucie County contracted with FPL
Services to perform a PC project at Jail
Master Agreement Contract is still valid
(contract # C07-05-245)
Success in Phase One – Jail
FEASIBILITY STUDY LEADING TO IMPLEMENTATION OF PHASE 2
Project Name: St. Lucie County Phase 2
Service Locations:
Criminal Justice Facility: Rock Road Jail
Logistics Center
Fairgrounds
Sheriff Administration Building
I.T. Bunker
Agriculture Extension Building
Walton Annex
Mets Stadium
Fenn Center
County Administration Campus
Pt. St. Lucie Police Building (to be repurposed to Library)
Health Department
NEXT STEPS
Development
(Potential Financial
Obligation)
Detailed Feasibility
Study
Implementation
(Cost of Feasibility Study is
included in project)
If Budget-neutral project is not possible, process ends and the County owes nothing!