The University of Maryland's College Park campus is about to get greener.
The university awarded a $21.5 million contract to Baltimore-based Constellation for a series of building upgrades that will improve energy efficiency and save the university money.
“Constellation is proud to support the University of Maryland’s goal of reducing energy consumption by 20 percent by 2020,” said Michael D. Smith, senior vice president of distributed energy for Constellation, according to a release.
Measures will include installing energy efficient lighting, new HVAC controls and improvements to the building envelopes. The project is set to be completed by April 2019 and will affect eight buildings at the College Park campus, including J.M. Patterson Hall and Hornbake Library.
Much of the funding for the project was secured by the Maryland Clean Energy Center, which provided $18.3 million in tax-exempt financing. The University of Maryland is the end-use customer, but Constellation’s contractual relationship will be with the Maryland Clean Energy Center, according to the release.
Constellation, an Exelon subsidiary, projects that the university will see around $1.7 million in savings in the first year of the 13-year contract.
“This energy performance contract will help the University reduce its energy consumption and provide important savings of energy costs via the various energy conservation measures that will be deployed,” said Mary-Ann Ibeziako, director of engineering and efficiency for the University of Maryland. “We are grateful for our relationships with Constellation and MCEC for this exciting collaboration.”