By Kim West
A global energy management firm made a pitch this week to the Limestone County Board of Education to provide annual energy savings for the school system.
Superintendent Dr. Tom Sisk told the school board during Tuesday’s work session that partnering with Schneider Electric would be a proactive approach to lowering energy costs and finding a revenue stream for deferred maintenance.
“We’re on the front end of a cost-savings initiative,” Sisk said. “We can carve out a portion of our budget (to save money), or we can find savings in the budget and use those to fund deferred maintenance.”
Sisk said Schneider’s business model does not require a school system to borrow money to fund energy improvements. Instead, the company provides a 20-year cost-savings guarantee and is paid through those savings.