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OD: Containing Cost and Risk with Renewables – the Power Purchase Agreement Story

Recorded on Thursday, April 14, 2016 1:00PM ET

Overview

Utilities are one of the largest non-payroll operation costs across campuses today.  Volatile energy commodity markets expose risks and cause unpredictable price fluctuations that can be difficult to manage and predict.   Developing large scale renewables provide significant cost reductions and other economic benefits while supporting institutions’ goals of reducing carbon emissions.   Recent advances in technology and purchasing methodologies, allow for attractive solutions available to most institutions, irrespective of onsite physical space limitations, to obtain a power purchase agreement for optimum benefit. 

Hear from two campus representatives and their consultants who have assisted in maneuvering a potentially opaque process, and have been innovative in bringing campuses from both regulated and deregulated states to use this purchasing method to save money and reduce their carbon footprint. 

What You Will Learn

After participating in this program, you will be able to:

  • Explain why and how higher education organizations benefit from the large-scale renewables.
  • Discover how to reduce energy price risk exposure.
  • Evaluate common obstacles to help participants move forward with a renewable energy strategy.
  • Actively implement a process to involve and engage institutions to act on capturing value from renewables while meeting the university’s goals.

Meet the Presenters 

  • Bert Bland, assistant vice president of energy and sustainability, Cornell University
  • Alicia Knight, senior associate vice president operations, George Washington University
  • Gary Farha, co-founder, president, and CEO, Customer First Renewables
  • Chris O’Brien, director of higher education programs, Altenex and lecturer, American University
  • Sally Grans-Korsh, director, facilities management and environmental policy, NACUBO

Who Should Attend    

  • Chief business officers
  • Business office staff
  • Facilities managers
  • Planning managers
  • Institutional researchers
  • Sustainability directors
  • Budget directors
  • Vice presidents of finance
  • Academic Workforce programs
  • Auxiliary staff
  • Any administrator or faculty member with an interest in learning about sustainability leadership

Course Information

  • Length: 75 minutes

Fees

Member Site Registration: $99.00
Non-Member Site Registration: $129.00

Sponsor


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CPE Information

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.