The Neary School Building Committee meeting held on January 6, 2025, focused on evaluating three heating and cooling system options for the new school building. The discussions highlighted the financial implications of each option, particularly in light of potential federal incentives from the Inflation Reduction Act.

Committee members expressed concerns about the reliance on these incentives, noting that the financial benefits would not be realized until the system is operational, projected for 2028. There was apprehension regarding the current political climate, with a new president potentially threatening to withdraw these incentives. This uncertainty raises questions about the overall cost of the project, which could increase by approximately $6 million if Option 2 is approved.

The three options discussed included:
1. **Option 1**: A variable refrigerant flow system, which is the least expensive but limited to overhead ventilation.
2. **Option 2**: A geothermal system, which is the most efficient and meets the energy use intensity target of 25 or less, making it the only option that qualifies for the best long-term savings.
3. **Option 3**: An air-to-water system, which is similar to Option 1 but offers different ventilation methods.

The committee reviewed a life cycle cost assessment that compared the systems based on indoor air quality, maintenance, and overall operational costs over a 50-year lifespan. The assessment indicated that while all systems are efficient, only the geothermal option provides a positive return on investment when factoring in all available incentives, achieving payback in the first year of operation.

As the committee prepares for the upcoming town meeting, they will need to present these findings and secure approval for the increased upfront costs associated with the preferred option. The discussions underscored the importance of thorough financial analysis and the need for clear communication with the community regarding the project's long-term benefits and risks.