Creating a model energy efficiency program in an era of limited financial resources
Implementing cost-effective energy-efficiency projects can be difficult for over-burdened facilities staff. For example, at Stanford University a small energy management staff has responsibility for over 10 million square feet of building space, including student housing, computer facilities, research laboratories, athletic facilities, and a hospital. To address this concern, the Stanford Facilities Department has developed the Energy Retrofit Program (ERP). The ERP provides monetary incentives to departments for carrying out projects that reduce energy consumption. The main benefit of this approach is that small energy management staff can implement a large number of projects by enlisting the help of those who are most familiar with each building. participating departments benefit because they obtain the advantages of high quality, energy-efficient lighting and building controls without using their own budgets. The University benefits because overall energy and maintenance costs are reduced in a consistent, cost-effective manner. During the last four years, Stanford's five million dollar energy-efficiency investment has shown an internal rate of return of over twenty-five percent or approximately seventeen million kilowatt hours per year. This paper describes the pitfalls and benefits of setting up an energy retrofit program and how these lessons can be transferred to diverse facility types.
- Research Organization:
- Stanford Univ., CA (US)
- OSTI ID:
- 20002692
- Report Number(s):
- CONF-980815-; TRN: IM200002%%692
- Resource Relation:
- Conference: 1998 ACEEE Summer Study on Energy Efficiency in Buildings, Pacific Grove, CA (US), 08/23/1998--08/28/1998; Other Information: 10 volume set available for $200.00; PBD: 1998; Related Information: In: 1998 ACEEE summer study on energy efficiency in buildings: Proceedings, [3100] pages.
- Country of Publication:
- United States
- Language:
- English
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