Schneider Electric Launches Energy Efficiency Project with Missouri Western State University
Campus-Wide Upgrades Being Made to Building, Lighting, Water, and Mechanical Systems
ST. JOSEPH, Mo. — Schneider Electric is partnering with Missouri Western State University to help the institution save nearly $400,000 in energy cost savings annually over 15 years through an energy savings performance contract. The university anticipates an additional $400,000 in utility incentives to offset campus-wide upgrades across its building, lighting, water, and mechanical systems.
According to the U.S. Department of Energy (DOE), energy-efficient schools can lower their annual operating costs by up to 30 percent. As increasing energy costs continue to consume annual operating budgets, cash-strapped schools have found that improving the performance of their school facilities is a way to free up funds to help pay for other upgrades to enhance the learning environment.