Yearly Summer Conference on Education
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ESMEC Energy Trust
The ESMEC Energy
Trust was formed by the nine public school systems of the Eastern Shore
in 2001. The purpose of the Energy Trust is to purchase electricity as
a consortium helping participants to minimize the increased costs of
energy.
Since the inception of the ESMEC Energy Trust, colleges, county and
municipal governments have joined the Trust.
As a licensed broker, the Energy Trust arranges for the purchases of
electricity supply directly from the wholesale market, employing a
combination of day-ahead market purchases with dollar-cost-averaged
hedge purchases resulting in the lowest price at an acceptable level of
risk.
During the existence of the Energy Trust, participants have seen a total
increased energy cost avoidance of over $26.5 million.
Economic Impact Study
Under the auspices
of the “BEACON” institute at Salisbury University, ESMEC works with
BEACON to conduct, update, publish, and disseminate a study of the
economic impact of public education on the Eastern Shore.
State Government
ESMEC organizes and
coordinates meetings with the Office of the Governor, State Legislative
Leaders, and the Eastern Shore of Maryland Legislative Delegation.
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Each year, ESMEC
creates and holds a summer education conference for members of Boards of
Education and Superintendents.
The purpose of the conference is to share information and build the
capacity of school system Boards of Education and Superintendents to
address the challenges faced by the schools systems of the Eastern Shore
to meet the needs of our children.
Leadership Support
ESMEC provides
on-going support to local school systems for leadership development.
ESMEC coordinates the monthly meetings of the local Superintendents of
Schools.
In addition, ESMEC coordinates meetings of school system representatives
in the areas of finance, food service, transportation, school
facilities, and human resources.
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