Simon Fraser University

SimonFraserU

Sustainable Utilities Revolving Fund (SURF)

The Sustainable Utilities Revolving Fund (SURF) is a fund that supports University’s energy and water initiatives. SURF is a self-replenishing fund where cost savings are measured and used to replenish the fund for the next round of investments.

The fund provides benefits beyond one-time investment with the primary purpose to create opportunities for the university community to actively engage in sustainability initiatives on campus.

Simon Fraser University’s goal to reduce energy consumption is hindered by increasing budgetary pressures. As funding becomes less available, it stalls the efforts toward sustainable energy reduction. Significant energy reduction opportunities are still available but at a higher cost and with longer payback periods than in the past. A steady stream of funding would allow SFU to tackle the more expensive projects with payback periods greater than 4 years. SURF applications for projects that meet the 5 year simple payback criteria would be given priority considerations.

Any member of the SFU community can submit a project application with a detailed proposal outlining a project idea. Submitted applications are reviewed by the SURF Energy Management team and selected applicants receive funding for their projects.

Location

Burnaby, British Columbia

Green Revolving
Fund Size

$1,000,000 Commitment

Established

April 2013

Liaison

Bohdan Kosteckyj
Director of Maintenance & Operations