The University of Massachusetts system is hiring a consultant to manage energy use for all of its campuses – aiming to save multiple millions of dollars.
Competitive Energy Services, based in Portland, Maine, will help manage the energy needs of all five campuses across the state. The company will assess the total energy usage of each campus before determining the best ways to cut energy costs, improve efficiency and introduce sustainable practices.
Jon Sorenson, managing partner with Competitive Energy says the company has been working with UMass Lowell, Dartmouth and Boston since 2008. He says Competitive Energy saved UMass Lowell millions of dollars after helping the campus switch from oil to natural gas steam boilers in 2010. The systemwide project, he says, will use varied strategies to reduce energy consumption.
“This move will bring efficiencies as it relates to cost, efficiencies as it relates to usage, efficiencies as it relates to the whole energy and sustainable program,” Sorenson said.
The UMass system spends about $86 million annually on energy costs. The three year contract with Competitive Energy Services is worth $798,000.