McKinstry Conducts $10M Energy Efficiency Project for CU-Boulder
McKinstry is conducting an energy efficiency project for the University of Colorado Boulder that will save the university an estimated $573,000 annually.
Construction of the project began in September and addresses updates to the MacAllister Building.
A technical energy audit performed by McKinstry in early 2014 revealed several opportunities for energy saving measures, including new high efficiency chiller and boilers, upgraded heating, ventilation and air conditioning (HVAC) controls, new lighting and advanced lighting controls, water conservation and building envelope improvements. The total cost of the energy savings project is about $10.94 million.
The energy savings performance contracting (ESPC) process with McKinstry will allow CU to reduce the building’s future utility consumption by more than 60 percent over the calculated baseline. The upgrades to lighting and HVAC controls in the MacAllister Building will reduce energy use when spaces are not occupied and ensure power is only used when needed or on-demand. This will save over 4,000,000 kWh per year.
The improvements to the MacAllister Building are the first of the energy savings performance contracting projects that McKinstry will be performing for CU-Boulder. The project is slated to be completed by July 2015.
A spokeswoman for McKinstry said the firm is awaiting final approval for a contract to upgrade the energy features of the Coors Event Center on campus, which project would also be completed around the same July 2015 time frame.
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