01. College of the Marshall Islands (CMI) Energy Audit
Project Overview
The five year redevelopment of CMI that culminated in 2012 saw the campus expand by over 100%. Consequently the energy usage increased proportionally and the utility bills of CMI reached $677,253 at the end of 2012. An estimated breakdown of this energy consumption is shown below.
To address this energy crisis CMI underwent an Energy Audit involving Green Energy Solutions to identify areas where Energy savings were possible. The Audit recommendations resulted in an Energy Action Plan that identified Energy Conservation measures (no cost, highest returns on investment), Energy Efficiency (medium costs with high rates of return on investment) and Renewable energy (high costs and lower rates of return on investment).
CMI proceeded to implement the recommended initiatives with energy conservation and Energy efficiency projects in FY 2013 and an expansion of renewable energy in 2014.
Project Outcomes
These initiatives have continued to save the College hundreds of thousands of dollars over the past few years. Within the first year of implementing the initiatives, the College was able to save over $200,000 and almost $300,000 in the second year for a combination of $506,885 saved in the first two years.
The table below summarizes the outcomes and the drop in energy bills for the College following these initiatives
The five year redevelopment of the College of the Marshall Islands (CMI) that culminated in 2012 saw the campus expand by over 100%. Consequently the energy usage increased proportionally and the College’s utility bills reached $677,253 at the end of Fiscal year 2012 which was over double the amount that the College was used to.
To address this energy crisis CMI underwent an Energy Audit involving Green Energy Solutions to identify areas where Energy savings were possible. The Audit recommendations resulted in an Energy Action Plan that identified Energy Conservation measures (no cost, highest returns on investment), Energy Efficiency (medium costs with high rates of return on investment) and Renewable energy (high costs and lower rates of return on investment).
CMI proceeded to implement the recommended initiatives with energy conservation and Energy efficiency projects in FY 2013 and an expansion of renewable energy in 2014.
Energy Efficiency and Cost Savings Potential Projects
Fiscal Year | Energy Bill | Savings | CO2 Saved |
FY 2012 | $677,253 | ||
FY 2013 | $470,248 | $207,005 | 774,199 Lbs |
FY 2014 | $377,373 | $299,880* | 1,121,552 Lbs |
TOTAL (FY13 & 14) | $847,621 | $506,885** | 1,895,751 Lbs |
* Saving compared with baseline 2012 bill of $677,253.
** 2 year savings based on a baseline 2012 energy bill of $677,253.