Schneider Electric has announced it has been selected for installation of an $8.6 million performance contracting project at the UNT Health Science Center (UNTHSC). This program extends the 10-year partnership between Schneider Electric and the University of North Texas System, which includes a $42 million energy efficiency project announced in 2010 for UNT.

Impacting almost a million square feet of facility space, the program will replace equipment, improve comfort and safety for students, faculty, staff and patients, decrease energy usage, and reduce UNTHSC’s carbon footprint. Scheduled for completion in early 2012, the project will generate a guaranteed annual energy savings of 24 percent, reduce electricity use by 12 percent, natural gas use by 10 percent and water use by 6 percent. The project is also estimated to produce annual cost reductions of more than $835,000, which includes $73,000 in utility incentives, and almost $2.7 million in positive cash flow.