Item:
Title
Recognition of a Rebate in the Amount of $103,699 from the Duke Energy Smart Saver Program for the New Durham County Youth Home Project. Funds will Offset Related New Youth Home Annual Debt Service
Body
Date of BOCC Meeting: June 24, 2024
Request for Board Action:
Agenda Text
The Board is requested to recognize $103,699 in rebate incentives from Duke Energy as part of the Duke Energy Smart Saver Program. This incentive program is a no-cost Duke Energy sponsored program to provide financial incentives for customers to design and build more energy efficient buildings by installing qualifying high efficiency equipment for lighting, mechanical, and glazing systems. The County benefits by receiving a $103,699 check from Duke Energy in addition to a reduction in annual energy costs for the new Durham County Youth Home. The $103,699 will support annual New Youth Home related debt service payments in the Debt Service Fund related to the construction of the New Youth Home.
Alignment with Strategic Plan: This aligns with Goal 4 - Environmental Stewardship - through the improvement of the environmental performance of County buildings to reduce energy use and greenhouse gas emissions from the built environment.
Resource Persons: Joel T. Jones, Project Manager; Peri Manns ASLA LEED GA, Deputy Director, Engineering and Environmental Services; James Faress, P.E., Senior Project Manager; Jay Gibson, P.E., Director, Engineering and Environmental Services; and Keith Lane, Director of Budget and Management Services.
County Manager’s Recommendation: The County Manager recommends that the Board recognize $103,699 in rebate incentives from Duke Energy as part of the Duke Energy Smart Saver Program Rebate Program which will support annual New Youth Home related debt service payments in the Debt Service Fund related to the construction of the New Youth Home.
Signature
County Manager: ____________________________