School Business Insider Overcoming the Funding Gap: Revitalizing America’s School Facilities
Dr. Timothy Unruh, the Executive Director of the National Association of Energy Service Companies, discusses the challenges that school districts face in maintaining and upgrading their facilities. These challenges include aging infrastructure, insufficient funds, and the impact of climate change. He highlights the importance of innovative financial strategies and partnerships, such as energy savings performance contracts (ESPCs) and collaborations with energy service companies (ESCOs), in revamping school infrastructure. Dr. Unruh also emphasizes the availability of tax credits and grants for funding these projects. He explains the process of procuring capital infrastructure and the benefits of design-build procurement. Additionally, he addresses concerns about the guarantee of energy savings in ESPCs and the impact of utility costs on these projects.
In this conversation, Timothy Unruh discusses the involvement of the Department of Energy in performance contracts and the role of state energy offices. He explains how state and federal grants enhance the scope of projects and the importance of a strong partnership between school districts and ESCOs. Unruh also addresses the cost of working with an ESCO and the long-term relationship between the ESCO and the school district. He shares a success story of a project in the Little Rock School District and discusses the educational benefits of energy performance contracts. Unruh concludes by discussing emerging trends in the energy space and providing advice for school business officials interested in pursuing energy performance contracts.
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