•Why Should CCC Participate?
•CCC has a tremendous opportunity to lower it’s operating
cost and achieve permanent load
reduction by improving energy efficiency in new and existing facilities.
•Participation will assist the CCC in complying with the
Governor’s Executive Order S-20-04
which requires state agencies and departments to reduce energy purchases by
20% over the next ten
years.
•Previous energy bond programs, and loan programs have
not met the unique needs of the
CCC; the financial and administrative
terms of a partnership can be customized to meet these needs.
•The Program is an opportunity to directly access
public-good funds on a large scale through
a proven and efficiently operated program.
•Up to $36 million of IOU project funding will be made
available this cycle, with additional funding possible in future cycles based on the program’s
success.
•Funding earmarked for the CCC will be allocated to other
programs if the CCC does not act
on this unique opportunity to seize their share of the funding.
•