How To Use The Education Tax Credit To Put Green Technology On School Buildings.

NYS Education Power Bill – The ugly number

 

On average, NY schools lose $721.9 million while paying for dirty carbon producing energy. These costs were estimated to have been growing at an astounding 4% per year (NY OMB). This problem is not unique to NY and is a national problem affecting schools everywhere.

 

According to Energy.gov
 Energy costs are the largest operating expense for school districts after salaries and benefits, and in recent years those costs have increasingly strained their budgets. The good news is that energy is one of the few expenses that can be decreased without negatively affecting classroom instruction.

 

Below is NY’s education utility bill as provided in this report by the NY Power Authority:

powerbill

 

There really isn’t much more to say here except the Education Tax Credit bill with community donations towards local sustainable STEM programs and projects could help lower this bill one school at a time.  Afterall, the quote below says it all:

 

This College will save more than $2.3 million over the next 15 years. Riley says that money will go right back to the students.

 

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