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Berkeley Lab Researchers Release Guide to Financing Energy Upgrades for K-12 School Districts
Energy costs K-12 schools in the U.S. $6
billion dollars annually. Spending less money on energy costs would
leave more for funding-constrained school districts to spend on
educating their students, according to researchers at the U.S.
Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley
Public and private financing is available, but navigating the complicated landscape of grants, bonds, leasing arrangements and other types of financing can be difficult for school administrators and facilities managers, who are not necessarily experts in financing for energy efficiency and renewables.
Researchers Merrian Borgeson and Mark
Zimring, in Berkeley Lab’s Environmental Energy Technologies Division
(EETD), have released a guide on planning and financing comprehensive
energy upgrades that involve multiple measures and are targeted toward
achieving significant and persistent energy savings.
Written for school district administrators
The guide is written explicitly for
school administrators, facilities managers, and others in K-12
education management. It covers different options for public and
private financing approaches, and contains numerous case studies of
school district projects. The authors provide explanations of financial
terms and mechanisms.
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