Minneapolis – Jan. 18, 2018 – CenterPoint Energy recently awarded an historical energy conservation rebate check in the amount of $2 million to the University of Minnesota (U of M) for installation and construction of its Main Energy Plant, a high-efficiency natural gas combined heat and power plant (CHP) on the East Bank campus. Energy produced from natural gas now allows the plant to provide its own reliable electric power to serve the Minneapolis campus' electrical loads, as well as thermal energy to heat and cool the entire campus. The project resulted in saving nearly 1 million dekatherms annually, the equivalent of the natural gas energy used in more than 10,000 homes for an entire year.
"By working together as committed environmental stewards through the CenterPoint Energy Conservation Improvement Program, we were able to help the U of M implement improvements that contributed to their carbon reduction goals, while also helping reduce the carbon footprint of the city of Minneapolis through the direct use of natural gas," said Brad Tutunjian, vice president of Gas Operations for CenterPoint Energy.
Paul Albinson, Key Account Manager for CenterPoint Energy serving the U of M, supported the project through completion and said, "I was happy to assist in this very important project and see this wonderful accomplishment mature for the University of Minnesota and the City of Minneapolis. This project not only saves energy and money but also contributes to the quality of life for our U of M students with safe and reliable energy resources. Our convenient, money-saving rebates make it easier than ever for businesses to take advantage of our conservation programs and services, thus allowing for more affordable capital investments. This project is projected to save the university approximately $5.4 million in natural gas energy costs each year."
Tutunjian added, "In the 25-plus-year history of our company's energy-efficiency programs, no entity has achieved more energy savings than the U of M. We congratulate the U of M's staff and contractors, as well as our employees for their part in reaching this achievement."
The energy saving initiative is part of a multi-year project to install high-efficiency equipment at the U of M to achieve carbon emission reduction goals of 50 percent by 2020 and attain carbon neutrality by 2050.
CenterPoint Energy offers energy efficiency programs to help residential and business customers lower their energy costs. In addition to business rebates for custom energy-saving projects, the company offers rebates for the installation of boilers, other high-efficiency heating systems, water heaters, foodservice equipment and more. Businesses can learn about CenterPoint Energy's rebate and other energy-saving programs and services by visiting CenterPointEnergy.com/businessrebates.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of the common and subordinated units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. The utility also operates a non-regulated business in Minnesota called Home Service Plus®. For more information, visit the website at CenterPointEnergy.com.