Guaranteed Energy Savings Project
The Board is considering entering into a Guaranteed Energy Savings Project which would include capital improvements to the elementary school and high school campuses. The district is interested in feedback from the Millville Community and additional information in response to questions from community members regarding the proposed project.
The district would encourage you to review the presentation below from Schneider Electric which outlines the potential project. Additionally, you can view the minutes from the Buildings & Grounds Committee below that may provide information on this project.
If you would like to ask questions or share concerns about this project, please use the email address email@example.com or click the button below to email.
- If the district has financial challenges, how can they afford undertaking a large capital improvement project?
- Has the district sought out any grants to offset the expense for the proposed capital improvement projects?
- Can the costs of the proposed capital improvement project be broken down?
- What are the costs of each individual project if they were done independently?
- Can you describe the necessity for the board to make a determination on this project in early January?
- Why is the district considering an expensive new multi-stack when the geothermal project was just completed a short time ago?
- Is the proposed solar project fiscally sustainable for the district? The district would be committing an extra $1.4M up front to accomplish this. Couldn’t this money subsidize the non-solar project with minimal financing for the balance.
- Where are the $2.4 M (solar) and $1M (non-solar) district contribution funds coming from? Will we be liquidating investments or is this grant funding? Is the district considering utilizing capital reserves?
- Did Schneider complete an environmental study on the areas where the solar arrays are being proposed? The old softball field where the high school array is proposed is borderline wetland property.
- Are the proposed interest rates in the cash flows realistic?
- When reviewing Schneider Electric’s presentation, there appears to be a discrepancy between the cash flows shown on page 8 and the pie charts. Please explain.
- What is the projected useful life of the solar arrays and what is the projected cost of disposal and potential environmental remediation costs at the end of the useful life of the solar asset?
- Has the board engaged an independent third party to evaluate this project as I find it well beyond the scope and comprehension of the board? Were there other companies given the opportunity to bid the exact same projects?
- What happens in a catastrophic event? Will the solar arrays need to be insured? How is replacement of solar panels addressed if they are damaged or destroyed?
- Why is the district contribution on both projects not the sum of the Projected Net Cash Flow to Client and the Upfront District Contribution on both scenarios?
- Given the varying uses of the field on which the proposed high school solar arrays will be situated, is there another site that can be utilized? The use of this site will yield a loss of community space.
- Since McClure installed the original HVAC system that has effectively never worked right, have they been contacted about replacing it? They may discount a new system since theirs didn't perform well to begin with.
- The solar array is American made to qualify for an additional rebate. Is this a net savings since American panels are usually 50-60% more expensive?
- Who has what kind of obligations for maintenance and upkeep of all systems to ensure energy efficiency to meet savings targets?
- How is the baseline energy consumption established?
- Is it energy saved or dollars saved?
- What is the warranty and expected life of the new systems?
- There are several state and federal grants for schools to upgrade HVAC, lighting, renewable energy, etc. not mentioned in the presented materials. Have they been explored?
- We struggle to understand how this project is needed at this time for the district and are concerned about the financial burden of this project on the taxpayers of the district.