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ECONS007 Energy Conservation Funding 2018

Original Recommendation

We recommend $10M per year (scalable) of funding for the next 5 years to implement critical projects that work in concert with energy performance contracts (EPC). EPC contracts are fulfilled by specialized, accredited firms known as energy service companies. The university uses EPCs to manage complex projects targeting facilities with high energy use, such as laboratories, maximizing energy efficiency and addressing sizable volumes of deferred maintenance issues along the way. The campus backlog on deferred maintenance is approaching $1 billion.

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