Monday, March 30, 2009

School Budget Help

Need help stretching your schools budget? Do you have too few dollars for programs and teachers due to rising costs and falling revenues? Would you like to increase test scores, improve efficiency while fixing ailing infrastructure and creating a healthier environment? Consider Performance Contracting as a solution to our delima.
Several Energy Services Company’s (ESCO), will develop projects that don't require any upfront capital money. Companies such as Trane, Siemens, or JCI facilitate securing financing that gets repaid for through the captured energy savings over time. The savings in energy are guaranteed by these fortune 500 companies. If the savings are less, the ESCO pays the shortfall. In other words, instead of continuing to pay your electric utility the same amount that you pay them today, through energy efficiency, you pay the utility less money but use those savings to pay the bank for the financing.
It is a budget neutral or slightly positive impact for your schoole while you modernize and make buildings more efficient, reduce carbon footprint, and don't increase taxes to pay for it.

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