Performance Contracting Creates Big Savings

NC State is currently undergoing a performance contract that will save the University $33 million dollars over 20 years. The unique financing structure of the deal ensures the tax payers of North Carolina will not spend a dime on the $19.7 million worth of campus improvements. The general contractor, Schneider Electric, expects to finish the project within two years.

Energy conservation measures are being implemented in 13 campus buildings, including: Cox Hall, Poe Hall, Tompkins Hall, Caldwell Hall, Winston Hall, College of Textiles, McKimmon Center, Research I, Monteith Research Center, Dabney Hall, Carmichael Gym, Structures Lab, and Monteith Research Center Parking Garage implemented energy conservation steps. Measures included sealing the building envelope, more efficient lighting, and expanding building controls systems. In addition, water conservation measures such as a solar thermal heating system and installation of pipes will help reduce NC State’s carbon footprint. The project expects to reduce NC State’s green- house gas emissions by 13,336 metric tons of carbon dioxide campus departments, including Facilities Buildings Maintenance and Operations and Energy Management, as well as Mechanical and Aerospace Engineering.