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Tampa Electric pays energy conservation incentive to Hillsborough County Public Schools

Reduction in peak demand through the company’s Conservation Value Program helps the school district save money and energy.

TAMPA, November 13, 2009

Tampa Electric presented the Hillsborough County School Board with a check for $148,500 representing the estimated incentive the Board will earn during the next 12 months for successfully implementing energy-efficiency measures that will result in long-term energy savings.

Hillsborough County Public Schools Chief Facilities Officer Cathy Valdez and General Manager of Operations Bob Wegmann worked closely with Tampa Electric to utilize the company’s Conservation Value Program as the district replaced five cooling systems with new high-efficiency chiller plants at Bing, Boyette, Hunters Green, Schwarzkopf and Roland Park Elementary Schools. The plants utilize thermal energy storage technology to produce ice in the evening, which requires less energy and demand -ultimately reducing the school district’s energy costs. This technology allows the chiller plants to produce and store ice at night that is used for cooling schools during the day. The end result is lower electricity bills for the district.

“By running the chiller plants at night, when it is more efficient, the school district can lower its energy costs,” said Bruce Narzissenfeld, Vice President of Customer Care and Fuels Management at Tampa Electric. “The new chillers shift demand to off-peak periods, which allows Tampa Electric to control peak demand and defer the need to construct additional power plants.”

The estimated $148,500 incentive, one of the highest earned by a Tampa Electric customer, also includes retrofitting lighting fixtures and installing occupancy sensors and new energy-efficient motors. The estimated incentive is calculated using the Florida Public Service Commission’s cost-effectiveness tests.

“Our goal is to reduce costs without affecting instruction, and Tampa Electric’s Conservation Value Program has helped us meet that goal,” said Superintendent MaryEllen Elia.

Any commercial/industrial customer meeting the company’s requirements for participation is eligible for an incentive through the Conservation Value Program. For Tampa Electric to consider measures for potential program participation, the customer must submit a proposal along with a preliminary engineering analysis with relevant demand and energy calculations prior to any purchase or installation.

Tampa Electric Company is the principal subsidiary of TECO Energy, Inc. (NYSE: TE), an energy-related holding company, with regulated utility operations in Florida including both Tampa Electric and Peoples Gas System. Other subsidiaries include TECO Coal , which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala , which is engaged in electric power generation and distribution and energy-related businesses in Guatemala.

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