At some point in the past, perhaps FY 09, Terry Ruprecht and the Provost’s office worked out an agreement to provide a funding source for “quick payback projects.” This meant that the payback was expected to be quick, typically in the 1-3 year ran
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- 35. Allocate Savings from Sustainability Projects
- 2010 iCAP: A Climate Action Plan
Key Objective: 35. Allocate Savings from Sustainability Projects
Verify cost savings and re-invest a portion of those savings into other projects.
Set a policy for how to calculate and allocate savings.
Associated Metric
No metric specified for this objective
Explanation
"The University will immediately establish a dedicated, centrally coordinated funding pool for energy conservation projects. This “clean energy” fund will allow for both internal (student fees, faculty contributions, staff contributions, energy savings reinvestment, capital programs), and external (programs, rebates, donations, outside investors) participation. It will be established as a capital infusion and coordination mechanism aimed at physical energy and energy cost reductions that also allows for the sustained maintenance of these investments."