New Ohio School Alternative Fuel Vehicle Financing Program

The Ohio Facilities Construction Commission recently announced its new School Alternative Fuel Vehicle program, which was created in law through House Bill 49 and became effective on September 28, 2017. It allows school districts to include alternative fuel vehicles and infrastructure into the School Performance Contracting Program.

The School Performance Contracting program was established in 1985 to allow school districts to make energy efficiency improvements to their buildings and use the cost savings to pay for those improvements. The program gives districts the ability to borrow funds without having to pass a ballot issue for the authority to borrow. This limited borrowing authority has given districts the ability to save millions in utility bills and operating costs at no additional taxpayer expense.

The new School Alternative Fuel Vehicle program adds vehicles and fueling infrastructure to the list of possible projects allowed under the School Performance Contracting Program. The Commission provides a technical review and approval of proposed projects, and reviews post-construction annual savings reports. The Commission is working on guidelines to open the program in January 2018. Once the program is launched, there is no application deadline. Alternative fuel vehicle projects can be proposed at any time starting in 2018. More information is available at the Ohio Facilities Construction Commission.

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