Saving Energy, Money and the Planet

January 12, 2021

Valley Stream UFSD 13 Energy Performance Contract Already Showing Huge Benefits

In January 2017, Valley Stream Union Free School District Thirteen entered into an energy performance contract with Honeywell Building Solutions to lower the district’s carbon footprint. The energy performance contract provided the district with a unique method of obtaining the latest energy-saving technology without having to frontload or bond the costs of those energy-saving systems.

“We’re huge proponents of reducing our carbon footprint,” said Dr. Constance Evelyn, Superintendent of Valley Stream Union Free School District Thirteen. “Our district’s commitment to energy conservation focuses not only on energy cost savings for the taxpayer, but also on integrating sustainability into student learning for future generations.”

These upgrades included LED lighting; air handling, hot water heater, hot water pump and motor replacements; pipe insulation; building energy management systems installations; desk computer power management systems; and rooftop solar panel installations.

The Annual Energy Cost Avoidance Report – Year 1 prepared by Honeywell, Inc. summarizes the Energy Conservation Measures (ECMs) implemented within the district for the contractual “Year 1” savings period. The report also summarizes the actual savings throughout year 1 which represents the period from August 2019 through July 2020.

The payment to Honeywell – over a 15-year period – is offset by the annual energy cost savings. After the 15 years, the district begins to capture significant energy savings and generate positive cash flow as most of these systems have life spans beyond the 15-year payment period. The district’s estimated energy cost savings for the year 1 period is $275,246,  which equates to a savings of 28.26%.