The ESCO opportunity: Is it all it appears to be? (ACUPCC)
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This post is related to the American College & University Presidents' Climate Commitment (ACUPCC).
Warren Wilson College needs to retrofit buildings to meet AUPCC goals and reduce energy costs. We are entertaining proposals from ESCOs. Our CFO is very skeptical. I am looking for case studies to either support his skepticism or, hopefully, show that this approach to emissions reductions withour cash outlay is feasible. Looking t be pointed int he right direction.
Hello Stan,
I would invite you to see the case studies published on our web site, at the link: http://www.biomasscenter.org/resources/case-studies/campuses.html
Biomass Energy Resource Center(BERC) is a national non-profit organization promoting biomass energy at campuses, colleges etc. BERC is technology & vendor neutral. We can help the college in reviewing proposals and select the ESCO.
Please feel free to contact me with questions!
Kamalesh Doshi, Senior Program Director
Biomass Energy Resource Center (BERC)
PO Box 1611, 43 State Street, Suite 1
Montpelier, VT 05602
ph 802-223-7770 x126 • fax 802-223-7772
kdoshi@biomasscenter.org
www.biomasscenter.org
The University of Arkansas is completing the third of three energy savings performance contracts (ESPCs) that total $52 million. We've financed central utility upgrades as well as building energy improvements and retrofits of fume hoods. Our ESCO has guaranteed about 30% savings. We've just begun monitoring and verification, and there are already warning signs. Our systems are complex, and though gas and electricity are metered at the building level, chilled water and steam are not. Snap back (the practice of building occupants ripping out occupancy sensors, overriding set points, etc.) is an issue that's difficult to deal with, as occupant behavior and building use schedule changes are part of the basis for guaranteeing savings. If you deploy ESPCs, make sure that you've got really savvy contract managers on your team to assure that the ESCO and its subs don't run the asylum. Overall, it'll probably be a good thing for our uinstitution, but ESPCs that are managed to the highest contract standards could be a great thing for most institutions.
Hi Stan,
I'd recommend checking out this case study that was submitted to our campus sustainability case study database last year from the University of Central Missouri.
Project Overview
In 2007, Dr. Betty Roberts, VP for Administration and Finance, began seeking opportunities to save money on rising energy bills while addressing much-needed building and infrastructure improvements. After extensive research, UCM opted to participate in a comprehensive cost-savings energy program (ESCO) which would address deferred maintenance backlog, while radically reducing energy consumption and the university’s carbon footprint. After a competitive bid process, Trane was selected as UCM’s ESCO, and in April 2009, a $36.1 million energy performance contract was awarded. The project is a comprehensive approach to greening the campus and has addressed nearly every building on campus.
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Hello Stan,
The following resources from the ACUPCC on EPCs may be helpful:
Best Practices Toolkit: Energy Performance Contracting for Higher Education
http://www.presidentsclimatecommitment.org/resources/eebrp/toolkit
Archived Webinar: Energy Performance Contracting: Economic and Environmental Benefits at the University of Central Missouri
http://www.presidentsclimatecommitment.org/node/6512
Financing Sustainability Projects on Campus
http://www.presidentsclimatecommitment.org/financing
Please contact me directly if you have further questions.
Best,
Steve
Stephen Muzzy
Senior Associate, Second Nature
18 Tremont St. Suite 308, Boston, MA 02108
617 722 0036 Ext-208 | smuzzy@secondnature.org