Wright State University Expected to Reduce Energy Use by 40% and save $35.8M
The innovative project was designed to improve energy efficiency, reduce deferred maintenance backlog and costs, and provide a more conducive learning environment for students. The university worked with ABM Building and Energy Solutions to improve building systems, retrofit lighting, and eliminate obsolete equipment across their 25 academic buildings, 26 student residential buildings, and world-class entertainment and athletics venue.
The comprehensive energy services and energy related capital improvement program was financed through a performance-based contract, with guaranteed savings at no initial cost.
Consisting of two phases, the annual audit for the first phase of the project reveals the improvements have reduced electricity use by 16.1% and gas usage by 3.3%, and exceeded the annual utility savings guarantee by \\$591,961! The audit for the second phase has not been completed but is expected to exceed guarantees as well.
Check out this short video featuring Wright State Associate Vice President of Facilities Management & Services Dan Papay and Vice President of Business & Finance/CFO/COO Mark M. Polatajko. In the video, they discuss the challenges they faced, the creative solutions they implemented, and the value it has brought to the university and the community.
Watch the complete video – Wright State University Benefits from Campus-wide Energy Conservation Project*. For more about ABM Building & Energy Solutions visit www.abm.com/energy.
* Information and promoted savings are a combination of project scope and results of both project phases.
Tags: ABM Energy, BES, building efficiency, Bundled Energy Solutions, education energy solutions, energy efficiency, financing, lighting, performance contracting
This entry was posted on October 1, 2015 at 12:35 pm and is filed under Building Efficiency, Case Studies, Energy, Energy Efficiency, Energy in Education, Financing, HVAC, Lighting, Performance Contracting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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