The Missouri University of Science and Technology plans to cut its energy usage by 50 percent by 2014.
The Rolla university is working with U.S. Bancorp Community Development Corp. to install a campus-wide geothermal heating and cooling system. About two-thirds of the university’s campus will be powered by the geothermal system, with the rest of the buildings running on natural gas.
Missouri S&T expects to save $1 million a year on electric and operational costs, with that number expected to grow to $2.8 million each year. The new system will also use 8 million fewer gallons of water and reduce carbon dioxide emissions by 25,000 tons a year.