Green Revolving Fund
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.
The purpose of the Green Revolving Fund is to provide funding for energy projects in order to encourage the highest level of efficiency for each project undertaken on campus. The fund also serves an educational function by providing the opportunity for students and faculty to become directly involved in analyzing the costs and benefits of the projects.
The Revolving Fund is delegated by considering many factors, such as the energy savings for each proposed project, the initial cost as well as the cost after rebates, the expanding cost savings, carbon emissions, health savings, and community impact. This is why the office of Sustainability has an internship position for a worker to conduct research on projects, maintain a background of the revolving funds, track relevant data and savings, as well as perform the necessary cost/benefit analyses and complete application forms. This intern would be a member of the Revolving Fund Committee; click here to learn more about the committee.
Projects funded by the GRF are ranked by the simple payback period, the operational urgency, and the annual carbon reduction of each project.
Examples of projects include:
- Current/Past Projects
- Replacement of T12 bulbs on campus
- Installation of LED lights
- Future/Possible Projects
- Lighting Occupancy Sensors
- Low Flow water features
- Solar/Geothermal energy use
- Upgrade pool heating and dehumidifying systems
- Add summer boiler in Science Center
- Replace parking deck lights