DENVER--(BUSINESS WIRE)--Jeffco Public Schools began producing renewable energy from their anticipated 3MW solar project this month, it was announced today by Jonathan Jaffrey, president of Renewable Social Benefit Funds (RSB Funds). The first six 100kW systems were placed in service on Arvada West High School, Bear Creek High School, Columbine High School, Lakewood High School, Mt. Carbon Elementary School, and the service center of the Education Center. Eventually, the school district will have 30 separate arrays running on facilities around the district.
“We are really pleased to be starting out the New Year 'greener' than the year before. Our schools are educating the next generation and now we are also helping to ensure a healthy environment for them as well,” said Thomas MacDonnell, energy manager of Jeffco Schools.
According to Jaffrey, the school district incurred no out-of-pocket expense and is receiving energy at a discount to its current energy cost. As energy rates rise over time, this fixed price arrangement will provide bigger and bigger benefits to Jeffco.
The solar arrays were financed by RSB Funds. Martifer Solar USA is the general contractor. The arrays were designed by Golden Power Partners, Inc., and roofing company Tecta is putting the systems together on the individual facilities.
About RSB Funds, L3C
Renewable Social Benefit Funds (RSB Funds) is an alternative energy company focused exclusively on bringing solar power to hospitals, schools, low-income housing projects and other governmental and tax-exempt entities. RSB Funds develops solar projects for its clients that require no initial investment, provide the best-in-breed operation and maintenance, and always reduce energy costs so that savings can be used to support mission-critical programs. RSB Funds is an L3C (Low-profit, Limited Liability Company). An L3C is run like a regular business and is profitable, yet unlike a standard LLC, the L3C has primarily charitable goals. For more information on RSB Funds and its programs, visit www.rsbfunds.com.