TerraVerde: Proposition 39 Measurement and Verification: Preparing Reports That Add Value

Tuesday, October 27, 2015

CASBO Partner Webinar
TerraVerde – CASBO Strategic Alliance Partner

Presenters: Rick Brown, President & Dan Rosenberg, Director of Asset Management

Twelve to fifteen months after Proposition 39 funded projects are completed, submittal of a project completion report is required. Some Districts are using this reporting requirement as an opportunity to build and establish a more comprehensive approach to effectively manage their energy operating and maintenance costs and long-term capital expenditures. This webinar presents best practices in energy asset management; including real-time monitoring of energy usage and costs, corrective and preventive maintenance scheduling and tracking; warranty enforcement and capital planning.

With the signing of SB 350 (Deleon) by Governor Brown, the State has set bold targets for increasing use of clean energy (solar, wind, etc.) and improving building energy efficiency by 50% no later than 2030. While the major impetus is reducing the emission of harmful greenhouse gases in the fight to slow the rate of climate change, the economic benefits of these targets should not be underestimated. Prop 39 will end up providing K-12 Schools as much as $1.5 Billion in grant funds to implement solar, battery storage and energy conservation measures to help move schools towards that target. Prop 39 requires monitoring/measurement and verification ("M&V") of the impact of the allocated funds on energy use and cost savings. Given the ambitious State 2030 goals, it wouldn't be surprising if future State funding for capital improvements also requires M&V of projects implemented with State funding. Will this just be a "numbers game" or can schools use these requirements as an opportunity to get a better handle on their energy operating and capital spending, and use the data to do a more effective job of managing the operating and maintenance costs and long-term capital requirements of their energy assets. This webinar provides basic information on M&V best practices and uses case studies tom illustrate how Districts' are beginning to use M&V to drive improvement is energy project asset management. 

PowerPoint Presentation