In the U.S., higher education institutions spend almost $14 billion annually on energy. As prices rise and budgets shrink, colleges and universities seek opportunity to reduce spending, maximize funding, and stay competitive.
Unique conditions present a variety of challenges to performing energy conservation initiatives on higher education properties:
- Overall funding cuts make capital expenses for energy efficiency less attainable
- Committee-based decision making may present challenges to launching sustainability programs
- Long operational hours and heavy foot traffic make energy conservation more challenging
The timing is ideal for Higher Ed operators to take action:
- Offset unpopular tuition hikes by cutting spending
- Capture time-sensitive incentives
- Appeal to eco-conscious students and donors through green marketing opportunities
Take Action. Learn more about energy and sustainability and contact us for a no-obligation initial assessment for your properties.
Typical Energy Consumption
- Through energy management strategies, colleges and universities can reduce their energy spending by 30% or more1
- Low- or no-cost behavioral and operational modifications can reduce energy costs by up to 25%1
1Source: ENERGY STAR