Project: ESCO2 Energy Performance
ESCO2 is a multi-year initiative focusing on better energy performance at the College’s Woodroffe campus.
The 20-year Energy Savings Contract (ESCO) between Algonquin College and Siemens Canada means Algonquin College’s Ottawa campus will use less energy and produce fewer greenhouse gas emissions, cut its non-critical maintenance debt (also known as ‘deferred maintenance’) by up to one-half, and provide new research opportunities for Algonquin College students.
ESCO2 is one of the ways the College is working towards its goals of Reducing its Ecological Footprint, Pursing Economic Strength, and Enhancing Student Success, as part of the College Sustainability Strategy Framework.
ESCO2 Project Launch Event
Project Highlights 2013-2015 Initial Phases
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2014 Project Targets
- Total value of campus-wide projects: more than $18 million, financed through generated savings
- Includes $640,000 of incentives from the Ontario Power Authority’s saveONenergyOM Program
- Total annual operating cost savings target more than $1.1 million:
- Electricity $462,000
- Natural Gas $180,000
- Water $ 115,000
- More than 1,200 tonnes of CO2 reductions annually