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Schneider Electric pitches $30 million energy overhaul to Fort Mill schools with 20-year savings guarantee

Fort Mill School District Board · September 5, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Schneider Electric presented a district-wide two-phase energy-infrastructure plan to the Fort Mill School District board that would cost just over $30 million in phase 1 work, target a 17% reduction in utility use and guarantee roughly $836,000 in annual savings for 20 years; the board heard financing and implementation plans but did not vote on a contract.

Schneider Electric told the Fort Mill School District board that a proposed district-wide infrastructure program would reduce utility consumption by about 17% and yield a guaranteed annual energy-savings payment of $836,000 over a 20-year guarantee, results the company says translate to roughly $22.5 million in guaranteed savings over the term.

The presentation, delivered by Justin Schutt of Schneider Electric and project development engineer Ashley Hyatt, described a two-phase program. Phase 1 — the scope discussed at the meeting — would include retro-commissioning and standardization of building-automation systems (full replacements at Fort Mill High School and Banks Trail Middle School), interior and exterior LED conversions, sports-lighting retrofits for 23 fields (including replacing wood poles with steel at two Fort Mill fields), water-conservation measures across…

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