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Delaware State University

Energy Performance

Goal

25%

Reduction in Energy Intensity by 2015

Commitment

2

Million Square Feet


Showcase Project

Luna I Mishoe Science Center – South
Dover, DE

Implementation Model

Delaware State University's Playbook
On-Balance Sheet, Off-Debt Capacity Performance Contracting

Background

Delaware State University (DSU) is a public, historically black college and university (HBCU) and 1890 land-grant institution. DSU serves a diverse population on a historic plot of land in Dover, Delaware. The University is committed to reducing its carbon footprint through facilities upgrades that will positively impact the students' educational and living environments.

Having already completed an exhaustive investment grade energy audit, the University, through a Guaranteed Energy Savings Agreement in coordination with the Delaware Sustainable Energy Utility (SEU), invested in energy conservation and facility improvement projects. That investment of $19,344,945 will enable DSU to realize $24,611,552 in energy savings over 20 years which will result in net revenue to the University of over $5.2 million. The SEU has issued Energy Efficiency Revenue Bonds, Series 2011 to finance construction and help DSU achieve a goal of 25% in greenhouse gas reductions by 2015. This will impact almost two million square feet.

Delaware State University Campus