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ARTICLE 15 Energy Savings Programs Stabilization Fund.

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Presentation on theme: "ARTICLE 15 Energy Savings Programs Stabilization Fund."— Presentation transcript:

1 ARTICLE 15 Energy Savings Programs Stabilization Fund

2 Move to appropriate the sum of $26,000 to be placed in the Energy Savings Programs Stabilization Fund established under Article 25 of the 2014 Annual Town Meeting, for the purpose of acquiring, installing or otherwise implementing energy saving capital projects; towards the purchase, lease or debt service payments for said items or programs classified as such; and to meet this appropriation, $13,000 to be transferred from Art. 4, FY15 Budget 300: Sudbury Public Schools: Net and $13,000 transferred from Article 4, FY15 Budget 400: Public Works.

3 Energy Savings Stabilization Fund Established last year under M.G.L. Ch.40, Section 5B. Purpose: – Allow capture of benefit – Provide visibility – Use for special projects – Relieve pressure on capital budget Requires 2/3 vote

4 Sudbury Solar Started December 16, 2014 2,400,000 kWh to date $212,000 in benefit to date – After cost of electricity generated $160,000 annual benefit Produces a favorable variance on utility account – Selected meter accounts – 50/50 Town/School – Through March 2015

5 Sudbury Solar Net Benefit 2014 Facility Jan-14Feb-14Mar-14Apr-14May-14Jun-14Jul-14Aug-14Sep-14Oct-14Nov-14Dec-14 Total Savings DPW 1335111,1581,2778681,7451,9311,6391,8191,077657414 13,229 Flynn 1084159401,0377051,4181,5691,3311,478875534336 10,749 Fairbanks 1425431,2301,3569221,8542,0521,7411,9331,144698440 14,056 Fairbanks Pool 2087991,8091,9951,3562,7273,0172,5602,8431,6831,027647 20,671 Library 2419272,0982,3141,5733,1633,5002,9703,2971,9521,192751 23,978 Curtis School 5992,3015,2095,7453,9057,8548,6897,3748,2274,8472,9581,863 59,571 Loring School 2338952,0262,2341,5193,0543,3792,8683,1841,8851,150725 23,151 $1,665$6,392$14,469$15,959$10,847$21,816$24,136$20,484$22,780$13,464$8,217$5,176 $165,405

6 Energy Savings Stabilization Fund Request $26,000 transfer from Utility Accounts – $13,000 Town – $13,000 Schools No LED lighting or HVAC replacement in FY 16 Will save for more significant capital project in later year Prospective Projects Goodnow Library EMS Fuel efficient vehicles Energy Management System at Curtis Flynn Building HVAC (cooling) Loring School boiler controls Curtis School roof top HVAC Haynes School Boilers Windows and doors replacement Retro-Commissioning

7 Energy Committee A little plug: Grants to Date: $885,322 Rebates: $277,133 Total: $1,162,455

8 Pictures are courtesy of Sudbury Resident Jacob Maalouf Thank You


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