A State of Oregon audit found that school districts missed out on $40 million of utility bill savings by ineffectively using money intended to save energy.
The audit analyzed 6,859 measures identified in school energy audits spread across 111 Oregon school districts between 2002 and 2010. It examined how schools were spending energy surcharge funds, a 3 percent charge on electricity bills established by the Oregon Legislature in 1999 to fund energy conservation programs.
The audit found that school districts could have realized better energy and utility cost savings but using the funds more effectively for energy efficiency. It also determined that there is no clear oversight of the funds and how they are put to use.
Read more at Sustainable Business Oregon.