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Siemens tells Oxford board Year 1 energy savings beat guarantees by ~$32,800

Oxford Academy & Central School Board of Education · November 4, 2024
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Summary

Siemens reported Year 1 guaranteed savings of $89,339 and actual performance savings of $122,123, including $91,199 measured/verified and $30,942 in operational/construction-period savings, the board heard Nov. 4.

Sara Culotta, a Siemens representative, presented the district's Year 1 energy-performance results and told the board the company guaranteed $89,339 in annual energy and operations savings but recorded $122,123 in actual savings.

"There was $32,784 more savings than Siemens guaranteed and $2,060 more savings in year 1 than guaranteed," Culotta said, and she credited optimization of HVAC operations for additional reductions. She said the $122,123 figure includes $91,199 in measured and verified savings and $30,942 in operational savings tied to construction and Year 1 performance.

Superintendent Nicholas A. Colosi and board members thanked Culotta for the presentation. The report will inform the district's ongoing facilities and operational planning as phase II of capital work approaches.