Orange County NC Website
14 <br /> 1 Slide #23 <br /> FY2024-34 Recommended Capital Investment Plan <br /> Environmental Protection and Climate Actfoi <br /> Buift Environment and Energy Goats <br /> • Solar Photovoltaic Systems - <br /> $779,559 (p. 91) <br /> — Solar installation at Southern Human <br /> Services -$729,559 <br /> • $77.000416,0QOannualenergy savings _ — <br /> • Eligible for 30%direct pay rebate through <br /> Inflation Reduction Act <br /> • Payback period of 16 years <br /> — Solar Feasibility Study-$50,000 <br /> • Identrly and prioritize solar installations on <br /> other County facilities <br /> 2 Y3 <br /> 3 Commissioner Richards asked what the average payback period is for this kind of project. <br /> 4 Travis Myren said there aren't many of this size. He said Bonnie B. Davis may be close <br /> 5 and he can provide information on that payback period. <br /> 6 Commissioner Richards said it would be good to have a policy or formula on the payback <br /> 7 period for a project. She said it would be good to choose projects that don't have other upfits <br /> 8 required for renewal energy additions. <br /> 9 Travis Myren said the feasibility study is meant to identify county facilities that are most <br /> 10 appropriate for solar installations. <br /> 11 <br /> 12 Slide #24 <br /> FY2024-34 Recommended Capital Investment Plan <br /> t=nvironmentalProtection and ClirnateAetion <br /> Ta.nspridatinn t_gals <br /> • Electric Vehicle Charging Stations _ <br /> for County Vehicles - $225,000 ' <br /> (p. 94) <br /> — Locations basedon current and <br /> planned EV assignments <br /> — Eno River Parking Deck(3) _ <br /> — Hillsborough Commons (2) ~ — <br /> — ,Justice Facility (2) j <br /> — Southern Human Services (3) <br /> — Transportation Services (6) <br /> — W hilted Building (2) •`r' - <br /> 13 24 <br />