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Does Window Film Stop Heat if Installed on Windows?

Energy Saving and Energy Efficient Window Film for Tampa Bay Florida Residents


Energy Saving Window Tinting and Window Film will help reduce the transfer of this heat through your glass home windows.
Window film will block large amounts of solar energy and at the same time the window film will absorb other parts of the solar energy.

  • Solar radiation transferring inside through the glass is much lower as a result of having the window film product installed.
  • The performance results achieved will vary depending on the type of window tinting film installed.
  • The transmission of heat from a section of greater temperature to one of lower temperature is termed as heat transfer. 
  • The transfer of heat always flows from hot to cold. No heat will transfer if there is no difference in temperature.


Many of us in Tampa Bay, FL have heat coming in through our windows for the majority of the year.
Three forms of heat transfer as it pertains to window film are Conduction, Radiation, and Convection. Radiation is, out of the three,  the most significant type of heat transfer since it transfers infrared waves. This determines why solar energy is referred to as solar radiation in reference to our window film specifications.

Florida Film Solutions has many products of different shade variations that can be installed on to your flat existing glass in your house no matter what size or shape. Some of the films available also qualify for TECO and Progress Energy Window Film Rebates. Visit or window film rebate pages by clicking on the TECO/Progress image on the top left.

Duke Energy Company and Progress Energy Company Merger

Florida Film Solutions window film company located in Tampa, FL has asked Duke Energy what this means for Tampa Bay residents and the window film rebate program:

Subject:


Energy Rebates, Duke and Progress Energy Merger


Question:


Will window film rebates still be available in Tampa Bay Florida after the merger and will Progress Energy be the company name or will it be Duke Energy?


Answer:

Details of the merger are not complete at this time.  Once they are complete, all customers and shareholders will be notified.  The name of the company will be Duke Energy.


Duke Energy, Investor Relations

Duke Energy Company Website
Progress Energy Company Website



Duke Energy and Progress Energy have announced a merger agreement to combine the two companies. Subject to shareholder and regulatory approval, the merger of Duke Energy and Progress Energy will create the nation’s largest utility, with more than 7 million customers in six regulated service territories – North Carolina, South Carolina, Florida, Indiana, Kentucky and Ohio. The two companies’ mix of coal, nuclear, natural gas, oil and renewable resources will total approximately 57 gigawatts of U.S. generating capacity. The combined company will be called Duke Energy and headquartered in Charlotte, N.C.

Facts about the merger from Duke Energy:

  • $26 Billion Transaction Will Create Nation’s Largest Utility with a Combined Enterprise Value of $65 Billion
  • Diversified Generation Portfolio in Six Regulated Service Territories
  • Transaction Expected to be Accretive to Adjusted Diluted Earnings in First Year

Duke Energy (NYSE: DUK) and Progress Energy, Inc. (NYSE: PGN) announced today that both companies’ boards of directors have unanimously approved a definitive merger agreement to combine the two companies in a stock-for-stock transaction. The combined company, to be called Duke Energy, will be the country’s largest utility, with:

  • Approximately $65 billion in enterprise value and $37 billion in market capitalization
  • The country’s largest regulated customer base, providing service to approximately 7.1 million electric customers in six regulated service territories North Carolina, South Carolina, Florida, Indiana, Kentucky and Ohio
  • Approximately 57 gigawatts of domestic generating capacity from a diversified mix of coal, nuclear, natural gas, oil and renewable resources
  • The largest regulated nuclear fleet in the country.

“Our industry is entering a building phase where we must invest in an array of new technologies to reduce our environmental footprints and become more efficient,” said Jim Rogers, chairman, president and chief executive officer of Duke Energy. “By merging our companies, we can do that more economically for our customers, improve shareholder value and continue to grow.

“Combining Duke Energy and Progress Energy creates a utility with greater financial strength and enhanced ability to meet our challenges head-on,” Rogers continued.

“This combination of two outstanding companies is a natural fit,” said Bill Johnson, chairman, president and chief executive officer of Progress Energy. “It makes clear strategic sense and creates exceptional value for our shareholders. Together, we can leverage our best practices to achieve even higher levels of safety, operational excellence and customer satisfaction, and save money for customers by combining our fuel purchasing power and the dispatch of our generating plants.

“This merger also provides predictable earnings and cash flows to support our dividend payments to shareholders,” Johnson added.

Terms
Under the merger agreement, Progress Energy’s shareholders will receive 2.6125 shares of common stock of Duke Energy in exchange for each share of Progress Energy common stock. Based on Duke Energy’s closing share price on Jan. 7, 2011, Progress Energy shareholders would receive a value of $46.48 per share, or $13.7 billion in total equity value.

Duke Energy also will assume approximately $12.2 billion in Progress Energy net debt. The transaction price represents a 7.1 percent premium to the unaffected closing stock price of Progress Energy on Jan. 5, 2011, and a 3.9 percent premium to the closing stock price of Progress Energy on Jan. 7, 2011.

The transaction price also represents a 6.6 percent premium to the average closing stock price of Progress Energy over the last 20 trading days ending Jan. 5, 2011, and a 6.4 percent premium over the last 20 trading days ending Jan. 7, 2011.

Following completion of the merger, officials anticipate Duke Energy shareholders will own approximately 63 percent of the combined company and Progress Energy shareholders will own approximately 37 percent on a fully diluted basis.

The combination is anticipated to be accretive to Duke Energy’s adjusted earnings in the first year after closing.

Based on Duke Energy’s current quarterly cash dividend of 24.5 cents per common share, Progress Energy shareholders would receive an approximate 3 percent dividend increase.

Duke Energy expects to effect a reverse stock split immediately prior to closing, and, as a result, the exchange ratio will be appropriately adjusted at that time to reflect the reverse split.

Structure, Organization & Leadership
When the merger is completed, Rogers will become executive chairman of the new organization. In this role, Rogers will advise the CEO on strategic matters, play an active role in government relations and serve as the company’s lead spokesperson on energy policy.

Johnson will become president and chief executive officer of the new company.

Both Rogers and Johnson will serve on the board of directors of the combined company, which will be composed of 18 members, with 11 designated by Duke Energy’s board of directors and seven designated by Progress Energy’s board of directors.

The combined company will be headquartered in Charlotte and will maintain substantial operations in Raleigh.

Until the merger has received all necessary approvals and has closed, the companies will continue to operate as separate entities.

Customers will see no change in their current electric utility companies including: Progress Energy Carolinas and Progress Energy Florida and Duke Energy Carolinas, Duke Energy Indiana, Duke Energy Ohio, Duke Energy Kentucky, Commercial Power, Duke Energy Generation Services and Duke Energy International.

Approvals & Timing
Completion of the merger is conditioned upon, among other things, the approval of the shareholders of both companies, as well as expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

Other necessary regulatory filings include: Federal Energy Regulatory Commission (FERC), Nuclear Regulatory Commission (NRC), North Carolina Utilities Commission (NCUC) and South Carolina Public Service Commission (SCPSC).

The companies also will provide information regarding the merger to their other state regulators: the Florida Public Service Commission, Indiana Utility Regulatory Commission, Kentucky Public Service Commission and Ohio Public Utilities Commission.

The companies are targeting a closing by the end of 2011.

Energy Efficiency Window Film Window Tinting Rebates Save Energy Money

With proven heat rejection properties our window films help your home consume less energy by
keeping interior temperature more controllable and stable. With our solar control window film any
home can reduce energy use and cost. Other benefits are achieved when using our energy efficient
window film such as glare control, comfort, fade protection, and glass breakage protection.

 
 
 

Tampa Electric Company (TECO) offer window film rebates for
commercial businesses and residential homes.

 
 
 

 

 
Window film reflects significant solar energy, while absorbing another portion of the energy.
The result is that the amount of solar radiation transmitted inside the room is considerably less.
Specs will vary depending on the window film selected.Have energy saving window film and window
tinting installed to make your home or business energy efficient.

In addition to the energy saving benefits, solar window film can increase thermal comfort, reduce glare,
while at the same time rejecting 99% of the UV radiation reducing fading and the risk of skin cancer.
Progress Energy and Tampa Electric Company (TECO) offer window film rebates for commercial and
residential properties.

How Does Window Film and Window Tinting Save Energy In Tampa Bay FL ?

The movement or transfer of heat from a region of higher temperature to one of cooler temperature is called heat transfer.
The transfer of heat always flows from hot to cold. No heat will transfer if there is no difference in temperature.

There are three types of heat transfer: Radiation, Conduction, and Convection. For window film, radiation is the most important
method of heat transfer because it moves infrared waves. This is why we refer to solar energy as solar radiation.

Solar energy through a window is transferred or transmitted by infrared waves. Radiant energy is converted to heat when it strikes people or objects. If you block the transfer of this energy you keep it from turning into heat because it never strikes an object. Window film interrupts the transfer of this energy by reflecting the energy back.

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Benefits: Heat rejection, glare reduction, block UV rays, fade protection, solar energy
rejection, privacy film, energy savings, window film rebate, security, safety, 
Window tinting window film types: Ceramic, Spectrally Selective, Metallic Gray, Reflective
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