Renewable Social Benefit Funds, or RSB Funds, has partnered with Jeffco Public Schools to bring solar energy to 30 neighborhood schools.
With no upfront cost to Jeffco because of federal, state and Xcel Energy renewable energy incentives, the goal is to save an estimated $1 million in energy costs over the next 20 years for the Jefferson County taxpayers. The project responds to recent legislation that gives Colorado the highest renewable energy standard in the Rocky Mountain West, requiring that 30% of electricity be generated from renewable sources by 2020, said RSB Funds.
The panels used in this project will generate about half the electricity for an average elementary school. Another benefit from the program is the Teach the Teachers classroom education piece, to teach students and teachers about solar power and other energy-saving measures, the company added.
Jonathan Jaffrey, president of RSB Funds, said: “There is a misguided belief that clean solar energy is not cost-effective, but that is just not true. We ensure access to the most cost-effective clean energy solutions, including low maintenance costs and long-term reliability.”
(Source: Datamonitor)
