EKU Earns More Than $303,000 in Energy Efficiency Rebates from KU
Eastern Kentucky University has received more than $303,000 in energy efficiency rebates from Kentucky Utilities Company’s Commercial Rebate Program. The program is designed to offer qualified commercial customers of KU and Louisville Gas and Electric Company cash incentives to replace aging, less efficient equipment and lighting.
Specifically, the university made energy efficient improvements in 75 campus buildings, including Keen Johnson Building, Crabbe Library, Alumni Coliseum and Perkins Building. While lighting retrofits generated more than $164,000 of the rebate, the remaining rebate balance came from the university switching to more efficient motors, motor controls and pumps in campus buildings.
“These improvements have helped EKU become a leader in energy efficiency in the Commonwealth,” said EKU President Dr. Doug Whitlock. “This rebate from Kentucky Utilities shows we’re on the right path toward a greener university.”
“We consider Eastern Kentucky University’s rebate a success that can serve as a model for our other commercial customers to use energy more wisely while lowering operating costs,” said Chris Hermann, Senior Vice President of Energy Delivery for KU and LG&E. “The university will see the immediate financial benefit from our rebate program that helps offset the costs of improvements, guaranteeing energy savings for years to come.”
The university took advantage of the utility rebate program with assistance from Siemens Building Technologies, a business that helps clients find ways to become more energy efficient. The rebate from KU will help offset the costs of the university’s larger 13-year performance-based sustainability project with Siemens that began in 2008.
The university anticipates saving nearly $8,000 per day – translating to $2.9 million annually – in energy expenses after its energy-efficient upgrades are completed under this 13-year project. The improvements that qualified for rebate dollars contribute to the total energy savings.
“Already we've recognized substantial savings associated with these projects. Additionally, we enjoy the satisfaction we feel in doing the right thing by reducing our energy consumption,” said Rich Middleton, EKU Director of Division of Facilities Services.
The LG&E and KU Commercial Rebate Program was approved in 2008 to encourage qualified commercial customers to replace inefficient equipment with high-efficiency lighting, motors, pumps and air conditioning equipment. These improvements help lower customers’ overall energy costs and usage, which in turn helps reduce overall energy demand on the electric system.
The program is funded through 2014 and is offered to KU and LG&E commercial customers who contribute to the Demand Side Management program as part of their monthly bills.
For more information and to learn eligibility requirements for the Commercial Rebate Program, visit www.lge-ku.com/rebate.
Published on February 21, 2011