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ERIC Number: ED246742
Record Type: RIE
Publication Date: 1984-Jun
Pages: 7
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0147-877X
Shared Savings Financing for College and University Energy Efficiency Investments.
Business Officer, p28-32 Jun 1984
Shared savings arrangements for campus energy efficient investments are discussed. Shared savings is a term for an agreement in which a private company offers to implement an energy efficiency program, including capital improvements, in exchange for a portion of the energy cost savings. Attention is directed to: types of shared savings arrangements being offered by the private sector and the way they work; the appropriateness of shared savings for a campus's energy management and financing programs; and negotiating a successful shared savings contract (SSC). Separate consideration is given to issues that may help public sector administrators to develop a shared savings program and to procure contracts. Steps that a shared savings firm will generally follow include a preliminary study, engineering analysis/identifying projects, and an engineering study. A checklist of energy management services that are needed to achieve efficiency is presented, along with advantages and disadvantages of the SSCs. The following elements of SSCs are discussed: calculating savings, schedule of savings, operations and maintenance, purchase option/contract buyout provisions, and contract contingencies. Information is provided on combining SSCs with other financing options, and a checklist is offered that should be considered in qualifying a firm. (SW)
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: Administrators; Community; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.
Identifiers: N/A
Note: A paper in the Energy Task Force series on Financing Campus Energy Efficiency Investments.