The University of Illinois at Chicago has signed a $63.6 million energy savings performance contract (ESPC) with Ameresco.
The project is expected to save the University more than $1.8 million in avoided energy costs annually for the 20 year term, and includes energy efficiency and infrastructure upgrades to UIC’s Science and Engineering Laboratories Complex, consisting of four teaching and laboratory buildings and a supporting office building, totaling more than 1.2 million square feet.
The ESPC will help the University meet its goal to reduce carbon emissions at least 80 percent by 2050, and the ESPC is budget-neutral for the school.
The two-year-long construction period will include infrastructure upgrades as well as energy conservation measures such as new and re-commissioned air handling units, HVAC control systems and equipment, chilled beam, new high performance fume hoods, lighting retrofits, weatherization of building envelope, and the installation of energy recovery systems.