Energy Stabilization Fund Disbursement - 2021-10-26 — File 212623

CITY HALL ANNEX● 50 EVERGREEN AVENUE ● SOMERVILLE, MASSACHUSETTS 02145 [phone removed] ● www.somervillema.gov/OSE EMAIL: OSE@somervillema.gov 1 of 2 CITY OF SOMERVILLE, MASSACHUSETTS OFFICE OF SUSTAINABILITY AND ENVIRONMENT JOSEPH A. CURTATONE MAYOR MEMORANDUM To: Somerville City Council From: Erik Larson, Energy Manager Date: October 26, 2021 Re: Energy Stabilization Fund Disbursement I respectfully request a disbursement of $74,326.85 from the Energy Stabilization Fund established April 2021 for the Office of Sustainability and Environment. This appropriation will be allocated for projects designed to reduce carbon emissions and energy costs of City operations. The projects identified are as follows: • LED Lighting Conversion (Phase 2) – Albert F. Argenziano School • Motorized Damper Replacement – Fire Station No. 4 • Transformer Replacement – Capuano Early Learning Center Details regarding the costs and benefits of each project are outlined in Table 1 below.

CITY HALL ANNEX● 50 EVERGREEN AVENUE ● SOMERVILLE, MASSACHUSETTS 02145 [phone removed] ● www.somervillema.gov/OSE EMAIL: OSE@somervillema.gov 2 of 2 Energy Stabilization Fund Allocation Project Name Target Building Project Costs Annual Savings Project Costs Utility Incentive Somerville Costs $ Lbs CO2 Simple Payback (yrs) LED Lighting Conversion Albert F. Argenziano School $99,864.85 $63,528.00 $36,336.85 $17,050.10 51,998 2.1 Motorized Dampers Fire Station #4 $34,010.00 $6,962.00 $27,048.00 $5,754.84 25 4.7 Transformer Replacement Capuano School $12,144.00 $1,202.00 $10,942.00 $1,442.16 4,398 7.6 Totals $146,018.85 $71,692.00 $74,326.85 $24,247.10 56,421 3.1 Table 1