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ERIC Number: EJ801596
Record Type: Journal
Publication Date: 2006
Pages: 18
Abstractor: As Provided
Reference Count: 30
ISBN: N/A
ISSN: ISSN-1467-6370
Energy Service Companies as a Component of a Comprehensive University Sustainability Strategy
Pearce, Joshua M.; Miller, Laura L.
International Journal of Sustainability in Higher Education, v7 n1 p16-33 2006
Purpose: This paper aims to quantify and critically analyze the best practices of a comprehensive environmental stewardship strategy (ESS), which included a guaranteed energy savings program (GESP) that utilized an energy service company (ESCO). Design/methodology/approach: The environmental and economic benefits and limitations of an approach utilizing an ESCO are critically analyzed in the context of implementing a comprehensive university sustainability strategy. Findings: A GESP, which utilized the technical and financial expertise of energy service companies, improved the operational efficiency, decreased the ecological footprint, and reduced the operating costs of the university. Practical implications: Energy-saving projects are "win-win" situations, addressing both economy and ecology. Utilizing energy service companies in the university setting is a useful method to catalyze university administration to support sustainability initiatives and accelerate the implementation of comprehensive sustainability strategies. Originality/value: The current waste rampant at most universities provides a large number of opportunities to improve environmental stewardship while reducing operating costs. This paper provides a new model utilizing energy service companies to capitalize on these opportunities to move universities towards sustainability. (Contains 2 tables and 5 notes.)
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: N/A