Agnes Scott College’s first Green Revolving Fund project is
The college’s fluorescent lamps across campus have been replaced
with new, more efficient and brighter lamps. The switch will save the college
about $11,000 per year in electricity bills. In addition, the upfront cost of
the project was decreased by about $7,000 with the incentive of a rebate from
The project is the first of many planned campus projects
that will be funded through Agnes Scott’s Green Revolving Fund (GRF), one of
the first of its kind at a U.S. college. The GRF was established in 2012 with
the help of donations to help the college undertake energy efficiency projects
by revolving the cost savings from each retrofit project back to the fund in
order to support future efficiency projects.
So an initial investment continues to fund sustainability
projects for years to come as the cost savings of each project “revolve” back
into the fund.
Students, faculty and staff are involved in the
decision-making and students are encouraged to do research on possible
projects, including assistance with analyzing the costs and benefits. So in
addition to saving energy and money, the fund also serves as a learning tool
Agnes Scott joined 32 other leading institutions in 2011 to
launch the Billion Dollar Green Challenge. The national goal is to invest a
cumulative total of $1 billion in self-managed green revolving funds that
finance energy efficiency upgrades on campus.
Agnes Scott College was the first women's college in the
country to commit to the challenge and, along with Georgia Institute of
Technology, was one of two founding institutions in Georgia.
Agnes Scott College educates women to think deeply, live honorably and engage the intellectual and social challenges of their times. Students are drawn to Agnes Scott by its excellent academic reputation, exceptional faculty and metropolitan Atlanta location – offering myriad cultural and experiential learning opportunities. A diverse and growing residential community of scholars, this highly selective liberal arts and sciences college is known for its dynamic and challenging intellectual community. Encouraging students to engage the wider world through study abroad and presenting its curriculum with international context, Agnes Scott College delivers on its promise: The World. For Women.