Schneider Electric Performance Contract to Save Henderson State More Than $9 Million
Phase one of the project was completed in May 2013, phase two is underway
ARKADELPHIA, Ark. — Schneider Electric has partnered with Henderson State University in an energy savings performance contract to assist with the university’s utility, technology, and deferred maintenance initiatives. The two-phased project is expected to help the school generate savings of more than $9 million in energy and operational efficiencies over 20 years.
Phase one of the project was completed in May 2013, and has helped the university save $237,551 annually. Now, phase two will add $281,163 in annual savings for Henderson State, totaling a savings of $518,714 per year.