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Lebanon schools move to contract phase on $16.7 million energy‑savings plan
Summary
The Lebanon Community School Corporation on Tuesday moved to notify the apparent best‑value vendor to prepare contract documents for a districtwide guaranteed energy‑savings project after a yearlong feasibility study and a competitive request for proposals.
The Lebanon Community School Corporation on Tuesday moved to notify the apparent best‑value vendor to prepare contract documents for a districtwide guaranteed energy‑savings project after a yearlong feasibility study and a competitive request for proposals.
Bob McKinney, StrataLine representative, told the school board that the district’s selected set of energy conservation measures (ECMs) — virtual energy management and retrocommissioning, boiler replacements, solar arrays at select sites, and combined heat‑and‑power microturbines — were modeled to deliver about $16.7 million in energy savings over 20 years and about $618,000 in available energy tax credits, producing roughly $17.3 million in gross project benefit. McKinney said the net project benefit after costs, operations and financing would be about $1,438,000 over the 20‑year modeling period, and first‑year utility savings were estimated at about $485,000.
Why it matters: Board members framed the project as a hedge against future electric rate increases…
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