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Program Goals & Objectives

ENERGY PERFORMANCE CONTRACTING PROGRAM For Equipment, Design, &Installation of “Energy and Water Upgrades” at University of Massachusetts Lowell Lowell , MA . Program Goals & Objectives. EOLWD. Project Overview – Energy Analysis. Accelerated Energy Program-Executive Order 484

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Program Goals & Objectives

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  1. ENERGY PERFORMANCE CONTRACTING PROGRAMFor Equipment, Design, &Installationof “Energy and Water Upgrades”at University of Massachusetts LowellLowell, MA

  2. Program Goals & Objectives EOLWD

  3. Project Overview – Energy Analysis • Accelerated Energy Program-Executive Order 484 • Energy reduction 25% • Project simple payback 15 – 20 years • 35 campus buildings (2.8 million SF) over 3 campuses were assessed to determine possible energy conservation measures (ECM’s) • Inspection of 2 boiler plants

  4. Project Overview – 30% Design • Energy Audit Identified 280 ECM’s • Start of 30% Design ~160 ECM’s • Finished of 30% Design ~150 ECM’s • $2.8 M Replacement of South Campus Boilers • $3.4 M Solar Thermal and Photovoltaic • Grant for 50% of the Solar Thermal Projects • $6.7 M Air Handling Unit Replacement/Upgrades • 20 Buildings with Lighting Projects (Replacement/Controls)

  5. Comparison (Utility costs based upon Updated FY-2014 rates)

  6. Summary of ECM’s

  7. UMASS Lowell Total Energy Reductions

  8. Opportunistic Replacements(No Energy Savings)

  9. Economics (Including Alternates*)

  10. Alternates Projects

  11. Economics (W/O Alternates)

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