University Of Rhode Island:Our contract with NORESCO will generate immediate energy savings without costing us any up-front capital expenditures
University Of Rhode Island:Our contract with NORESCO will generate immediate energy savings without costing us any up-front capital expenditures
1 PagesUNIVERSITY OF RHODE ISLAND Kingston, RI Facility type University campus Project cost $24.8 million* Cost savings $2.8 million annually* Contract term Up to 12 years Contract type ESPC University of Rhode Island’s recognition by the Princeton Review as one of the nation’s greenest colleges for seven consecutive years starts with its buildings. Many have been modernized through guaranteed energy savings performance contracts. NORESCO’s legacy of energy efficiency with URI began in 1985 with one of the nation’s first performance contracts. NORESCO’s construction of URI’s new central boiler plant followed in 1999, supported by a long-term agreement still in place for NORESCO to provide full-time, on-site plant operation. In 2005, URI expanded its energy efficiency objectives to incl
