LOUSIVILLE, KY (WAVE) - Going green is paying off for the University of Louisville. UofL just got a six figure rebate check for reducing its electric bill. Even with our record hot summer, the university was able to cut down on how much it spent on electricity.
In fact, UofL's electric bill has dropped about a quarter since starting an energy saving project. LG&E rewarded the university with a check for $373,000. UofL is part of the commercial rebate program offered by LG&E. It encourages commercial customers to replace aging, less efficient equipment. For example, UofL put lights in one of its buildings on a sensor and put in new light bulbs. That saved $4,500 on electric costs.
It's hoping to be come a leader for other colleges and businesses.
"If we look at all the things going on here on campus, this is part of our strategic plan to be a great partner with the community to try to make our neighborhood and world a better place through what we're doing," said UofL Provost Shirley Willihnganz.
Energy efficient lighting was installed in about 70 buildings. Motors, motor controls, and pumps were also upgraded. UofL is working with a consulting company that's promising to help the university save $30 million in energy costs by 2024.
LG&E senior vice president of energy delivery Chris Hermann said, "We consider UofL's rebate a twofold success that can serve as a model for our other commercial customers." He further explained it's about customer service, and in the end it helps their system from becoming overloaded.