News
OU Gets Funding For Energy Overhaul
By: Fred Kight
Posted on:
Ohio University is getting $29 million in financing to implement a comprehensive energy efficiency and conservation overhaul of 72 buildings at its main campus in Athens.
The money is from a low-interest loan package authorized by the Ohio Air Quality Development Authority.
The company Constellation NewEnergy will develop and implement the project.
Energy conservation measures will include interior lighting retrofits, air system improvements and water conservation measures.
A news release says "The project will result in annual energy savings of more than $1.9 million."
The release also says "the project will generate significant air quality benefits, including the removal of 50,145 tons of carbon dioxide…and 262 tons of sulfur dioxide."
"The $29 million package will enable us to significantly improve the university's infrastructure and replace aging mechanical, electrical and communications equipment," said OU President Roderick McDavis.