Overall Rating | Platinum - expired |
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Overall Score | 85.29 |
Liaison | Tonie Miyamoto |
Submission Date | March 23, 2015 |
Executive Letter | Download |
Colorado State University
IN-1: Innovation 1
Status | Score | Responsible Party |
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1.00 / 1.00 |
Carol
Dollard Energy Engineer Facilities Management |
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indicates that no data was submitted for this field
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Title or keywords related to the innovative policy, practice, program, or outcome:
CSU Energy Reserve Fund
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A brief description of the innovative policy, practice, program, or outcome :
The Energy Reserve Fund is based on the idea that being green can be profitable (or more accurately; bring a return on investment). An initial investment of $500,000 created a discretionary fund for green facilities projects and improvements which are evaluated for their ability to save the University money and ultimately grow the fund.
The program has been a great success. The funding has grown from $500,000 in the first year to just under $870,000 in year four. After 5 years of seeding, the project is set to become self-sustaining - with savings from previous years' projects continuing to fund new initiatives.
This has been an important model for supporting sustainability at our University, especially a large research-driven land grant University.
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A brief description of any positive measurable outcomes associated with the innovation (if not reported above):
The overall effects of these projects can be seen in the University's utility bills. Since the ERF has been established, total energy use has decreased 13% when normalized for weather and building square footage. Water use is down 5% and overall utility costs have remained stable despite an increase in utility rates.
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A letter of affirmation from an individual with relevant expertise:
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Which of the following STARS subcategories does the innovation most closely relate to? (Select all that apply up to a maximum of 5):
Yes or No | |
Curriculum | --- |
Research | --- |
Campus Engagement | --- |
Public Engagement | --- |
Air & Climate | --- |
Buildings | --- |
Dining Services | --- |
Energy | Yes |
Grounds | --- |
Purchasing | --- |
Transportation | --- |
Waste | --- |
Water | Yes |
Coordination, Planning & Governance | Yes |
Diversity & Affordability | --- |
Health, Wellbeing & Work | --- |
Investment | --- |
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Other topic(s) that the innovation relates to that are not listed above:
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The website URL where information about the innovation is available :
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Data source(s) and notes about the submission:
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