Background
American Electric Power’s GridSMART program offers energy saving solutions to its customers. Part of this program is an incentive payment for the replacement of inefficient systems to help promote the reduction in energy consumption. This incentive program will pay the City of Columbus, Recreation and Parks Department, for improvements made to heating and cooling systems, lighting, motors and drives, and refrigeration equipment. This incentive program allows for payments to the Recreation and Parks Department for energy efficient replacements made within the last three years, T12 fluorescent lighting phaseouts made in the last three years, and for future new construction and replacements made while this incentive program is still in effect.
The Columbus Recreation and Parks Department is preparing documentation to start the process for collection of incentive payments for previously installed qualifying improvements. In addition, the department will design and install future improvements to facilities with the incentive and energy reduction program as a model. The Recreation and Parks Department is to collect money from AEP for this incentive program on a regular basis. Fund 747 will be used for the accounting, revenue, and expenditures of the collected funds. This legislation will authorize and request the City of Columbus Auditor’s Office to establish a new OCA and Project number within Fund 747 for this accounting.
Fiscal Impact: There is no fiscal impact to the accounting changes authorized in this ordinance.
Title
To authorize the City Auditor to create a Project and OCA number entitled "Energy Efficiency Program" to the City of Columbus Permanent Improvements Fund 747; to authorize the appropriation of said funds from the unappropriated monies in Fund 747 as received to the newly established Project and OCA number within Fund 747; to authorize that any such future deposits as the City may receive into this new Project and OCA number are...
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