Athens, Ohio, Sept. 27, 2012 — Constellation and Ohio University today announced a guaranteed energy performance contract for more than $38 million in water and energy cost savings over a 15-year period.
Under the terms of the EPC with Constellation, the upgrades require no up-front capital from the university. Ohio University will use the guaranteed energy and operational savings from the conservation measures to fund the about $28 million project through low interest bonds from the Ohio Air Quality Development Authority.
By implementing water and energy conservation measures, Ohio University expects to conserve an estimated 9 million gallons of water and avoid the creation of 50,145 metric tons of carbon dioxide annually over the next 15 years.
The conservation measures installed by Constellation include: campus-wide interior lighting retrofits; air system and tower condition improvements; HVAC Direct Digital Controls expansion, upgrade and integration; variable-frequency drive installation on up to four dozen fan motors; kitchen hood improvements; pipe and blanket insulation; retro-commissioning of various building equipment and water conservation measures.