Translate this page

FPUD board approves no-interest loan for energy efficiency

Thursday, November 14th, 2013
Issue 46, Volume 17.
Joe Naiman
Village News Correspondent
You need Flash player 8+ and JavaScript enabled to view this video.

The Fallbrook Public Utility District will be obtaining a no-interest loan from San Diego Gas & Electric to finance the installation of energy-efficient lighting at FPUDís main office.

The FPUD board voted 5-0 Oct. 21 to authorize general manager Brian Brady to execute an on-bill financing loan agreement with SDG&E. The $91,886.46 loan will be paid back over a period of 10 years.

"I think itís a timely program for FPUD," Brady said.

FPUD and SDG&E had been working on the possibility of using SDG&Eís on-bill financing program to replace the existing lighting with more energy-efficient illumination. The most recent major upgrades of the lighting systems at FPUDís offices took place when the FPUD building was renovated and expanded in 1995 and 1996. The existing system has been experiencing failures of the ballasts, and since replacement ballasts are no longer available new ballast and lighting is being installed as the ballasts fail. The SDG&E loan will allow FPUD to replace most of the ballasts and lights in the main office.

"The program allows us to completely upgrade that and use the monthly savings to pay off our no-interest loan," Brady said.

The monthly repayment for the loan will be $765.72. The monthly energy savings estimate from the improvements is $769.38.



arrow Be the first to share your opinion on this article!

Add your Comment


Images, Formatting, or HTML is not allowed : plain text only. You may post up to 5 website addresses within your comment.


The Fallbrook Village News has tightened its' policy regarding comments.
While we invite you to contribute your opinions and thoughts, we request that you refrain from using vulgar or obscene words and post only comments that directly pertain to the specific topic of the story or article.
Comments that are derogatory in nature have a high likelihood for editing or non-approval if they carry the possibility of being libelous.
The comment system is not intended as a forum for individuals or groups to air personal grievances against other individuals or groups.
Please, no advertising or trolling.
In posting a comment for consideration, users understand that their posts may be edited as necessary to meet system parameters, or the post may not be approved at all. By submitting a comment, you agree to all the rules and guidelines described here.
Most comments are approved or disregarded within one business day.

RSS FeedFacebookTwitter

Advertisement for Stellar Solar


Most Commented

Reach Local Customers

The Fallbrook Village News The Fallbrook Village News
760-723-7319 - 1588 S. Mission Rd. Suite 200, Fallbrook CA 92028
All contents copyright ©2015
About Us
Earthquake Information
Business Listings
Contact Us
Letter to the Editor
Report a website error
Online Digital Edition
RSS Feeds