Weber State University

Author: Christina Billingsley
Published: September 2011

Description: Weber State University (WSU) began its $9 million revolving fund in 2010 after securing seed money through a loan from the institution’s endowment and other capital sources. To allow the fund to expand beyond its original size, 25 percent of cost savings from efficiency projects accrue to the general utilities budget; 75 percent will replenish and grow the revolving fund even after the initial project cost has been repaid. However, this earmarked 75 percent is currently being used to repay the endowment loan.

Projections made in May 2010 indicated that WSU is anticipating $1,000,000 in annual energy savings by 2015, and will fully repay the endowment loan (with interest) in nine years.