The Evansville Vanderburgh School Corporation Board of School Trustees heard information at tonight’s (Sept. 10) regular meeting regarding a four-year proposal by Cripe Energy Advisors to help the EVSC potentially save between $7.5 and $11 million over the next 10 years by becoming more sustainable in its energy usage. Cripe’s collaboration with the EVSC will create a plan to reduce the demand for energy, reduce energy supply costs for all EVSC facilities, and help to create the right conditions in energy management that will enable the EVSC community to monitor and manage its energy usage.
EVSC’s current processes of analysis, performance reviews, bill tracking and budgeting, together with Cripe’s IT solution will provide synergy for an effective and efficient energy system which will far exceed the four years Cripe will be partnering with the EVSC – putting in place a team of individuals who can continue deeper looks into these outcomes. There will be no fee for the continued use of the model.
Estimated cost for the plan will be $376,000. Repayment will be a phased approach based on the percentage of the savings in each of the four years in the agreement.
The proposal calls for several components:
Phase 1 (Months 1-3) – Will include a comprehensive energy audit of all facilities. Data will be collected for the past 24 months and be input into the model. Facilities will be inspected to identify the areas for the greatest energy demand. This will help develop a road map and serve as the baseline.
Phase 2 (Months 4-36) – Will be devoted to implementation of the energy master plan and managing the procurement process. Negotiations are completed for utility rates, supplies, water and sewer rates. All facilities will be benchmarked against metrics determined by EVSC and data will be tracked in the model to analyze performance. There will be demand-side energy projects (building system optimization) that do not require capital expenditures.
Phase 3 (Months 37-48) – Will be devoted to continued energy auditing, implementation of the energy procurement strategies, solutions and sustainability. All data collection and monitoring devices will be in place and Cripe will work with the EVSC energy team to help develop the skills necessary to collect, analyze, measure and verify usage data, as well as manage the energy procurement process – through the web-based program.
It is estimated there will be a 10-30% reduction in supply costs as well as 10-20% reduction in energy demand.