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PCB Removal, With Zero Upfront

New York City is allocating $708 million for an energy retrofit program in public schools over the next 10 years that is mostly spurred by the need to replace light fixtures containing the toxic chemicals known as PCBs. For some months, the cost issue was a major factor delaying this week’s decision to replace the lighting at nearly 800 schools.But some energy service companies say they are willing to undertake the job with no upfront costs. Instead, they suggest that they could be paid with the savings that the city racks up by switching to more energy-efficient lighting.

2/25 NY Times