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District pursues large rebate for elementary geothermal system; consultant to collect documentation
Summary
Beatrice Public Schools staff said the district’s planned elementary-school geothermal system (~$1.8 million) qualifies for a federal/state rebate estimated at 30% plus a 10% domestic‑content bonus; consultant Afton Energy will assist with paperwork and would receive a 12% fee on any award; district faces an Aug. 31 paperwork deadline tied to the budget cycle.
District staff told trustees they are pursuing a significant rebate opportunity for a planned elementary-school geothermal installation. Speaker 5 said the district’s geothermal project — roughly estimated at $1.8 million — appears to qualify for a 30% base credit and a possible 10% domestic‑content bonus; conservative estimates place the rebate between $540,000 and $720,000.
Staff said they had been in contact with Afton Energy (described as a developer and financing consultant) and that the company would help prepare and submit paperwork by the district’s budget-cycle deadline of Aug. 31. Speaker 5 said there is no upfront fee for the district, but Afton would receive a 12% commission on any award obtained. The district planned to deliver documents to Afton and expected conservative award estimates pending documentation review.
Trustees were alerted that the rebate timing and paperwork were urgent and that staff and the district’s architect had already engaged with the vendor. No formal contract award was reported in the meeting; staff said they planned to sign a tracking agreement and proceed with documentation to meet the deadline.
The board asked staff to keep trustees informed of any contract terms and the projected net savings once vendor fees are applied to an award.
