Calif. schools to get $2.5B for energy-efficiency upgrades

01/22/2013 | Forbes

On July 1, $450 million will be available for energy-efficiency upgrades and clean-energy projects at California schools. During the four following years, $550 million will be available annually. Funding is a result of the passage of Proposition 39. An average retrofit could cut 30% off energy costs and save a school between $10,000 and $16,000 each year, according to estimates from the Environmental Protection Agency.

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