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Quick payback projects
Posted by Morgan White on April 14, 2011
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 range. This was a onetime funding source. A variety of projects (10-15) have been brought forward and funded at a value of approximately 1 million dollars. These projects have included lighting retrofits, fume hood removals, chiller control upgrades, adding variable frequency drives (VFDs) to HVAC equipment, temperature control upgrades, and hot water control valve replacements.