Low Interest Loan and Innovation to Fund Major Infrastructure Investments
JUNE 26, 2018
FOR IMMEDIATE RELEASE
Media Contact: Ryder Todd Smith, Tripepi Smith
WEED, CA – The City of Weed has been granted a low interest loan by the California Energy Commission (CEC) that will enable a transformation in the City’s energy use and operating efficiency. The 1% rate CEC loan, part of the Energy Conservation Assistance Act (ECAA) combined with rebates from Pacific Power will result in implementation of $1.7 million worth of citywide improvements while generating over $3.4 million in savings over the life of the equipment.
“Implementation of energy efficiency solutions is not only good for the environment, but it is fiscally prudent for our taxpayers,” stated Ken Palfini, Mayor of Weed. “The City of Weed is looking for ways to innovate that address budget concerns and address long term fiscal sustainability for our community. This project achieves those financial goals, and I appreciate the aid provided by Pacific Power, the California Energy Commision and Climatec Energy Services.”
The City of Weed formally adopted the project on January 11th, 2018 on a 5-0 vote to proceed with Climatec Energy Services, however, the project was contingent on a vote of the CEC that took place June 13th to fund the 1% loan. Now the work will proceed. Over the next twelve months, Climatec will implement LED lighting in city buildings and street lights, provide advanced street lighting and air conditioning controls, City Hall building envelope improvements and install new heating/cooling units at City Hall. As part of this project, the City will also install solar power generation systems at the wastewater treatment plant and the City Hall/Police Station parking lot. Implementation of these technologies will significantly reduce operating costs for the City.
“Residents of Weed will benefit from improved lighting quality on our streets, better lighting and a more comfortable environment in City Hall, but also reduced operating cost and risk from volatile energy cost,” said Ron Stock, City Manager of Weed. “The one-percent California Energy Commission loan was a big help in making this project possible. Not only will we be far more energy wise as a result, but we are also building on a foundation of technology that we can expand upon in the future.”
About the City of Weed
The City of Weed, California is nestled at the base of Mount Shasta in the Cascade Mountains and half way between San Francisco and Portland. The community is surrounded by natural beauty, breathtaking vistas, and unmatched outdoor recreation. The City is a historic lumber town which has retained much of its early 1900’s charm, while transitioning into a tourist destination. An easy one-hour drive north of Redding on Interstate 5 brings you to our home where you may enjoy abundant lakes and rivers, beautiful forests, wildlife, scenic drives, local art, festivals, live music, and a friendly community. http://weedca.govoffice3.com/
About the California Energy Commission
The California Energy Commission is the state’s primary energy policy and planning agency. The agency was established by the California Legislature through the Warren-Alquist Act in 1974. It has seven core responsibilities: advancing state energy policy, encouraging energy efficiency, certifying thermal power plants, investing in energy innovation, developing renewable energy, transforming transportation and preparing for energy emergencies. http://www.energy.ca.gov/
Since 1975, Climatec has been making buildings safer, more comfortable and efficient. Climatec is the leading provider of advanced building technologies and energy solutions for thousands of customers every day. Climatec’s dedication to extraordinary customer experiences and world-class service has enabled it to become part of the Bosch family – the largest privately-owned building technologies provider in the nation. http://www.climatec.com/