Comments closedAlthough overshadowed by the budget discussion, there was good news at the March 2 school board meeting.
The district is performing “extremely well” in its efforts to save energy, say consultants. In addition, an energy performance contract initiative will allow the district to become even more green — and save more money.
The initiative requires no upfront outlay of district funds. The district will pay for capital upgrades to reduce energy costs out of the money it will save. The energy service company, or “ESCO” is paid yearly only after savings are realized.
Meryl Rubinstein, assistant superintendent for business operations, recommended that the board formally appoint Honeywell as the district ESCO at its next meeting. Honeywell is recommending $4.6 million in capital improvements that will result in annual energy savings of approximately $338,341. Honeywell will be paid for the work out of the savings over a 15-year period.
According to Honeywell, the annual environmental impact will be equivalent to removing 336 cars from the road or planting 458 acres of trees. The savings could power 148 homes each year.
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