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Cool Schools Phase II Overview Presentation to the Oregon State Board of Education

Cool Schools Phase II Overview Presentation to the Oregon State Board of Education. April 19, 2012. What is Cool Schools?. Purpose: To put money back in the classroom To boost student and teacher performance To create jobs Created by HB 2960 in 2011 4 year pilot.

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Cool Schools Phase II Overview Presentation to the Oregon State Board of Education

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  1. Cool Schools Phase II Overview Presentation to the Oregon State Board of Education April 19, 2012

  2. What is Cool Schools? Purpose: • To put money back in the classroom • To boost student and teacher performance • To create jobs Created by HB 2960 in 2011 • 4 year pilot

  3. Evolution of Cool Schools:

  4. Phase II Action includes preparing for Phase III Help schools, by addressing “where they are now” • Projects fully scoped: Offer financing and incentives immediately • Projects not yet scoped, but close: Offer rapid turnaround technical and business services • All projects: Low-cost financing and incentives to reduce project cost Lay groundwork for next summer (Phase III of pilot) • Provide longer lead times from information to action

  5. Example from Phase I Klamath County School District • $2.2 million project (Diesel to Geothermal Replacement) • $ 400,000 in PPC account and $ 120,000/year from PPC • $ 167,062/year in avoided energy costs • 3.5% Cool Schools interest rate + 7% matching grant from CEWO ($154,000)

  6. Example from Phase II Proposed Project at Coast Elementary School • $210,000 project (new thermostats, roof insulation, and replacing old windows) • Includes non-energy component (roofing materials) • Uses diesel fuel; boiler is 7 yrs. old • Est. $19,000/year in avoided energy costs (Current bills $42,000/year) • Will reduce on-site energy consumption by 32+% • Cool Schools assisting with audits, project scoping, financing, and grant coordination • 2.5% Cool Schools interest rate (target) + 2% design grant from CEWO ($4,000)

  7. Thank You Contact Information:

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