Siemens

University of Louisville Becoming More and More Energy Efficient, Study Says

LOUISVILLE, Ky.–A joint project between University of Louisville and Siemens has saved UofL $12.9 million in energy costs in just over four years and has paid even larger economic dividends for the region. That’s the bottom line of a study conducted by Economic Development Research Group, a Boston-based research company Siemens hired to assess the overall economic impact of the project. Since 2009, UofL has spent $46 million to reduce energy use on its three campuses through contracts with Siemens’ Building Technologies Division. This spending on labor and materials supported $33.5 million in wages, $25.8 million in business sales and…