Economically Sound and Environmentally Responsible
May 2014
Project Overview Electricity from Solar & Heat from Air Pumps In light of NewBrook Elementary Schools failing boilers, the Brookline-Newfane Joint Contract Board has devoted a great deal of time and energy over the past three years to exploring the use of renewable energy to heat the building. Early on in the process, the School Board identified the following goals to help guide its thinking: Go as green as possible while remaining fiscally responsible; Reduce or eliminate the schools carbon footprint; Provide opportunities for student learning regarding the value of investing in renewable energy; Promote use of renewable energy in educational facilities in Vermont. After considerable research, consultations with experts in the field of renewable energy and several public information meetings with Brookline and Newfane residents, the Board is ready to take the plunge! It is proposing a ground-mounted array of solar panels in the field next to the school building. This photovoltaic system would generate enough electricity (approximately 250 KW) to meet the schools current and projected future energy use. It would also be sized to provide the electricity needed to run the new proposed heating and cooling system, using air-to-air heat pumps.
Economic Impact A Wise Investment that Combats Climate Change The School Board proposes financing this investment in the schools energy future through: A solar lease for the solar system; and A loan to pay for installation of the heating/cooling system. If approved by the voters, the School Board will put both projects out to bid. Then, the school will: Identify a 3 rd party to cover the cost of installing and maintaining the solar panels. The school will only be charged for the energy that the system generates. The school will most likely have the option to buy the solar system from the owner down the road. Use the loan to pay a contractor (identified through the bidding process) to install the air- to-air heat pumps. The School Board proposes a municipal bank loan to pay for the heating/cooling system, which would be paid off in 5 years. The impact of both projects on the school budget and the education tax rate would be minimal. (Financial details will be available shortly on the schools website and will provided at the informational meeting as well as at the meeting before the actual vote and on the schools website.) The cost of the lease would be offset by drastically reduced oil costs, which currently total about $20,000 annually. (The school will need to maintain the boilers as a back-up heating system.) Some of the cost of the heating/cooling system would be offset by funds put aside over the past two years to pay for replacing the aging boilers. The remaining expense would be covered by a $150,000 municipal loan, which would be paid off within 5 years.
Brookline-Newfane Joint Contract School Board c/o NewBrook Elementary School 14 School Street Newfane, VT 05345
ADDRESS CORRECTION REQUESTED
I NFORMATI ON MEETI NG Thursday, June 5 th
7-8 PM All-Purpose Room NewBrook Elementary School
VOTE ON PROPOSED LEASE & LOAN FOR ENERGY PROJECT Joint Meeting of Brookline & Newfane Voters Thursday, June 12 th
7 PM All-Purpose Room NewBrook Elementary School
For More Information Solar leasing: http://epa.gov/statelocalclimate/documents/pdf /FinancingProgramsResourceGuide.pdf (see pp. 43-45). Air-to-air heat pump technology: http://energy.gov/energysaver/articles/heat- pump-systems. Contact NewBrook Elementary School Principal Chris Pratt at cpratt@newbrookschool.org or 365-7533. Contact School Board Chair Ken McFadden at kmcfadden@windhamcentralboard.org or 365- 7122. Visit the schools website at www.newbrookschool.org and look for a link to the energy project.