Anderson County School District 3 officials said they will fund an energy conservation initiative and equipment in all five of its schools and its administration building with a $5.2 million bond issued by the South Carolina Jobs-Economic Development Authority (JEDA).
"We’re looking forward to our relationship with Anderson District 3 as the school district saves money and energy with the improvements it will be undertaking,” Greg Montgomery, managing director of CleanSource Capital, an affiliate of Abundant Power that manages its SAVES financing programs, said.
New equipment and improvements will include water heaters, PC power management, energy-efficient transfers, water conservation, controls, LED lighting and HVAC equipment.
Through the improvements, the district expects to create 20 new jobs to add to the 370 existing positions, as well as another 45 indirect jobs.
"Projects like these have a positive, widespread impact on their communities," Doug Lamb, bond counsel with McGuire Woods, said. "We’re pleased to have had a role in helping make it happen.”