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Proposition 39 – California Clean Energy Jobs Act $550 million was made available due to a closed tax loop hole Funds for school districts are determined.

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Presentation on theme: "Proposition 39 – California Clean Energy Jobs Act $550 million was made available due to a closed tax loop hole Funds for school districts are determined."— Presentation transcript:

1 Proposition 39 – California Clean Energy Jobs Act $550 million was made available due to a closed tax loop hole Funds for school districts are determined by ADA and Free and Reduced Lunch percentages PSUSD is eligible for approximately $5 million The funds will be issued over 5 years The purpose of the act is to create jobs and save school districts money through energy savings 1

2 Eligible Projects New or repairs to heating, ventilation and air- conditioning systems (HVAC) New lighting and lighting control systems Installation of energy-efficient windows, programmable thermostats and thermal window shades On-site clean energy generation (i.e. solar) Projects must meet a Savings Investment Ratio (SIR) of 1.05 2

3 PSUSD Plan of Action Newcomb Anderson McCormick (NAM) was hired to conduct ASHRAE II audits at PSUSD sites Audits completed during the Summer of 2014 NAM has prepared their draft recommendations for eligible projects Projects will take advantage of all additional available rebates 3

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7 Next Steps Recommended projects will be designed and constructed based on the findings of the audit which meet program requirements Projects will work in conjunction with Deferred Maintenance projects 7


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