Press Release

Nichols Energy Efficiency Project to Save More Than $527,000 for the College

November 18, 2014

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Dudley, MA – Nichols College is expecting lifetime savings of over $527,000 through the implementation of energy efficiency measures across four buildings as part of the Mass College Green program. Sustainability and behavioral components are also included to engage building occupants and enhance campus-wide sustainable behavior.

“We are pleased to lead the way as the first of five colleges implementing the Mass College Green initiative,” said Dr. Susan West Engelkemeyer, President of Nichols College. “This innovative program is providing Nichols the funding needed for energy efficiency improvements while integrating sustainability components and addressing deferred maintenance issues.”

The Mass College Green initiative was developed by GreenerU in collaboration with the Association of Independent Colleges and Universities (AICUM) and MassDevelopment, the state’s finance and development agency. The program helps colleges reduce energy costs and become more sustainable by providing financing to quickly deliver energy efficiency at no upfront cost to the colleges.

“Energy efficiency and sustainability projects are critical to helping our colleges keep higher education affordable for our students,” said Richard Doherty, President of the Association of Independent Colleges and Universities in Massachusetts (AICUM). “This initiative integrates what the Nichols faculty teaches, and what students and staff care deeply about, a smarter, more environmentally sustainable campus.”

“GreenerU applauds Nichols College for being the first Massachusetts college to participate in the Mass College Green program,” said Rob Pratt, founder and CEO of GreenerU. “AICUM and MassDevelopment have been great partners to work with, and we look forward to the energy savings and sustainability benefits that Nichols and other Mass College Green colleges will be achieving in the coming years.”

This fall, Nichols expects to complete energy efficiency engineering, construction management, behavioral programs, communications, and outreach, with measurement and verification continuing through August 2019.

About MassDevelopment

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During

FY2012, MassDevelopment financed or managed 280 projects generating investment of more than $2.3 billion in the Massachusetts economy. These projects are projected to create more than 12,000 jobs and build or rehabilitate 900 residential units.

About the Association of Independent Colleges and Universities in Massachusetts (AICUM)

Established in 1967, AICUM is the leading voice on public policy matters affecting independent colleges and universities in the Commonwealth. Comprising 60 degree granting, accredited, private, and non-profit colleges and universities, AICUM works closely with member institutions to preserve and strengthen higher education and to promote awareness of the significant contributions by colleges and universities to the cultural, economic, and knowledge-based reputation of the state.

About GreenerU

GreenerU, Inc. leverages innovative financing to deliver integrated energy and sustainability solutions to campuses throughout New England. GreenerU’s energy engineers and sustainability specialists partner with campuses to implement energy efficiency upgrades and building occupant engagement programs to achieve tangible reductions in energy use, utility costs, and greenhouse gas emissions.