Applicable Regulations
None.
Overview of Procedure
Nearly 10 years ago, the U-M
established the ECM, a self-sustaining fund earmarked to pay for energy efficiency
improvements in U-M buildings, with an initial allocation of $2 million. For each of the
last seven years the account has received annual allocations from a fund transfer from the
U-M utility account (where energy savings related to the ECM are reflected).
The fund is overseen by a committee representing
various segments of the U-M community. Applications for funding are accepted from any
source; however, each application must be supported by sufficient engineering analysis to
confirm the soundness of the project. As a general rule, only projects having a payback of
five years or less are supported by the ECM.
Waste
Minimization Procedure
Not applicable.
Known
Limitations
None known.
Safety
& Health Precautions/Personal Protective Equipment
Not applicable.
Benefits
Often, lack of funding is
a major obstacle to implementing even the most promising of energy conservation projects.
This in turn can lead to energy conservation projects that are done inadequately or not at
all. The ECM insures that funding will be available for those projects that are shown to
be viable to reduce energy consumption in U-M buildings.
Disadvantages
None known.
Project
Related Costs
Since its inception in
1988, the program has supported 79 separate projects, costing approximately $8 million.
Beginning in 1995-96, the account achieved "profitability" in terms of total
accumulated savings exceeding total project costs. To date, the U-M has documented over $8
million in energy cost savings. The quantity of energy saved is roughly 2.5 trillion BTUs,
representing enough energy to supply about 150 large office buildings for one year. |