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How Colleges and Universities Can Save on Energy Costs

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College football season is heating up — and so are campus energy bills. 

According to the National Center for Education Statistics, U.S. colleges and universities collectively spend about $7 billion on energy costs every year. Despite such high energy expenditures, campuses have a range of opportunities to save on energy costs, especially with natural gas, solar power, energy efficiency, and demand response programs. 

To help campus administrators maximize their school's energy expenditures, Direct Energy Business has created a new, in-depth eGuide. The guide — "Smart Energy Strategies for Institutions of Higher Learning" — shares a number of proven strategies that have helped campuses nationwide optimize their energy use, such as switching to natural gas, powering down computers, installing energy-efficient lighting, and campus conservation initiatives. 

Campus conservation initiatives alone can help save significant money and energy. For example, if 5,000 students each cut three hours of use from a 60-watt light bulb everyday, they will collectively save 900 kilowatt-hours (kWh) per day. If electricity costs $0.07 per kWh, a university could save approximately $10,000 per year. In 2014, the Alliance to Save Energy's own spring savings competition saved a whopping 2.2 million kilowatt-hours of electricity and $200,000 across 109 campuses in a few months. 

To learn more about how colleges and universities can save on energy costs, download our eGuide "Smart Energy Strategies for Institutions of Higher Learning."

Posted: September 15, 2015