Wednesday, December 02, 2009
U.K. Goes Energy Efficient
KENTUCKY...
Under a contract approved Tuesday by the university board, the University of Kentucky expects to save 10 to 15 percent of its energy costs. The $25 million energy savings performance contract includes installation of more efficient lighting and water-saving plumbing devices. Annually, the university pays $50 million in utility bills - 40 percent of it for electricity. Louisville-based Ameresco will do the installations, which are guaranteed to pay for themselves in 12 years or the company is obligated to pay the difference.
Under a contract approved Tuesday by the university board, the University of Kentucky expects to save 10 to 15 percent of its energy costs. The $25 million energy savings performance contract includes installation of more efficient lighting and water-saving plumbing devices. Annually, the university pays $50 million in utility bills - 40 percent of it for electricity. Louisville-based Ameresco will do the installations, which are guaranteed to pay for themselves in 12 years or the company is obligated to pay the difference.