Word: epa
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...University and the U.S. Environmental Protection Agency (EPA) are working to reach an agreement on the implementation of a college-wide energy-conservation program, Director of Facilities Management Thomas E. Vautin said yesterday...
Although the EPA proposed the Green Lights Program to Harvard two years ago, the University did not take part in the program then because of logistical details...
...EPA project is an untested and risky venture. In the Ivy League, Brown and Columbia have already implemented the program. Even closer to home, just down Mass. Ave. at MIT, "Green Lights" is creating about $3.6 million per year in savings on electricity. Furthermore, an EPA flyer states that the use of "Green Lights" at MIT has decreased pollution in an annual amount "equivalent to taking 5,381 cars off the road...
...then, did Harvard turn down the EPA's idea, especially during a budget crunch? Perhaps the initial investment would have been too hefty or the level of administrative concern was just not high enough. In fact, Fine said, there need not be any cost at all to the University. Columbia converted its lighting system for free, since "power company rebates paid for the costs...
...EPA "Light Brief" provides a financing arrangement that would minimize cost by eliminating middle managers. Institutions such as Harvard could avoid banks and lenders by contracting installation of the new system directly with power companies. Savings on electricity in one building or set of buildings would be applied to the installation of systems in other buildings. Some power companies are also willing to provide the initial investment, if the client pays them a percentage of the savings each year for a period of up to 10 years...