Energy Systems Group’s energy performance agreement guarantees energy savings over a 13-year period will cover the cost of building improvements. ESG will reduce the University’s total annual energy consumption on campus by 30 percent.
The University of Arkansas saved $3.7 million in energy costs between 2012 and 2013, the second year since completing the Razors EDGE project. The savings were 24 percent more than originally expected.
The University of Arkansas saved $3.7 million in energy costs between 2012 and 2013, the second year since completing the Razors EDGE project. The savings were 24 percent more than originally expected. The university’s contract with Energy Systems Group guaranteed that the improvements would reduce campus energy consumption by 30 percent, with energy savings over a 13-year period covering the cost of the project. For the second year in a row, the results of the Razors EDGE project have topped that guarantee. According to facilities management figures from 2012-2013, the university saved approximately $715,000 more than the guaranteed level.
The energy performance agreement guaranteed that energy savings over a 13-year period will cover the cost of building improvements, reducing the University’s total annual energy consumption on campus by 30 percent. The total guaranteed energy savings in year 1 of this project are about $4.3 million, including an estimated $1.3 million in savings accrued during the construction period and one-time demand side management rebates. An actual savings of $5.2 million was achieved, including $1.5 million in construction savings and rebates, thus exceeding the total guarantee amount by about $879,000.
Health, Physical Education
and Recreation (HPER) Pool
HPER Pool Solar Panels
Bell Engineering Center
Sam M. Walton
College of Business
Janelle Y. Hembree
Graduate Education Building
View construction and building improvement images.
The University of Arkansas partnered with Energy Systems Group (ESG), a leading energy services provider, to design and install more than $30 million of facility improvements that reduce energy consumption and address deferred maintenance issues in 73 buildings throughout the Fayetteville campus. The program was named “Razors EDGE,” or Efficiently Delivering Green Energy.
The "Razors EDGE" program provides students, faculty, staff and facility maintenance specialists with timely information regarding construction schedules, program benefits and training on use of the new equipment and controls.
Renovations included the installation of more efficient lighting, heating and cooling systems, water conservation equipment, and installation of a solar powered heater for the swimming pool in the Health Education and Recreation building.
G. David Gearhart,
University of Arkansas Chancellor
"This partnership between ESG and the University of Arkansas underlines our commitment to sustainability and green environmental initiatives. It is a definite plus that ESG is able to guarantee these improvements will pay for themselves, and, in the long term, save money for both the University and the Arkansas taxpayers."
Address: The Office for Sustainability
238 Harmon Avenue
Fayetteville, Arkansas 72701