Orange County NC Website
Browse       Search
County Capital Projects <br />Fiscal Years 2013 -18 <br />Project Name <br />Energy Bank <br />Project Status <br />Approved <br />Functional Service Area <br />Governing and Management <br />Starting Date <br />7/1/2012 <br />Department <br />Asset Management Services <br />Completion Date <br />613012015 <br />Current <br />Year 1 <br />Year 2 Year 3 Year 4 Year 5 Five <br />Year 6 <br />Prior Years Fiscal Year <br />Fiscal Year <br />Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year <br />to <br />Proiect Budget <br />Funding 2012 -13 <br />2013 -14 <br />2014 -15 2015 -16 2016 -17 2017 -18 Total <br />Year 10 <br />Land /Building <br />Construction /Repairs /Renovations 50,000 50,000 50,000 100,000 <br />Total Project Budget: 1 50,000 50,000 - - - 100,000 1 - <br />General Fund Related Operating Costs <br />Personnel Services <br />Operations <br />New Debt Service <br />Total Operating Costs - - - - - - - <br />Revenues /Funding Source <br />Transfer from General Fund 50,000 50,000 50,000 100,000 <br />Total 50,000 50,000 - - - 100,000 - <br />Project Description /Justification <br />Initially funded at $50,000 for FY 12/13, the energy /utility "bank" provides funding for projects that reduce energy /water demand at County facilities. 'Borrowed" funds will <br />be repaid through annual savings /avoided costs from reduced energy /water use. Savings /avoided costs from utility line items in the AMS Facilities operating budget would <br />be used for these repayments. Projects to be completed by the end of FY 12/13 include replacement of high energy use lighting fixtures in the Eno River Parking Deck, <br />acquired by the County in July, 2012, and installation of solar film on windows at select buildings to reduce heat transmission, resulting in lower costs for cooling interior <br />spaces. Potential projects for FY 13 -14 and FY 14 -15 include additional solar film installations, weatherization improvements for older buildings, HVAC controls <br />improvements, solar thermal for water heating and lighting replacements. Projects are continually evaluated as new technologies evolve. Asset Management Services <br />has requested availability of a student intern during calendar year 2013 to research and evaluate energy reduction and cost payback comparisons for various projects. <br />29 <br />