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Mount Sinai UFSD hears update on proposed energy performance contract with Amaresco
Summary
District consultants outlined a proposed energy performance contract (EPC) that would finance lighting, HVAC controls and other upgrades through guaranteed energy savings; two related resolutions were noted on the agenda and a contract is under legal review.
Mount Sinai Union Free School District officials received an update on a proposed energy performance contract (EPC) with Amaresco during a board meeting presentation by consultants from Energia and Amaresco.
The presentation described the EPC as a construction and facilities-improvement project that would fund LED lighting upgrades, HVAC controls replacement, expanded building automation and potential roof-mounted solar. Consultants said the project would be financed using guaranteed energy savings rather than new taxpayer debt; one presenter described the funding source as "guaranteed savings." The board packet included two related resolutions: an environmental determination (described by the presenters as a Type II action) and a resolution authorizing…
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