In a collaborative effort with 32 other leading U.S. institutions, Caltech helped launch the Billion Dollar Green Challenge, an initiative to invest a cumulative total of one billion dollars to fund energy-efficiency upgrades on campuses across the country. Caltech was the first institution to make the commitment to use a self-managed green revolving fund for sustainability improvements as part of the challenge.
Caltech's green revolving loan fund is called the Caltech Energy Conservation Investment Program (CECIP). CECIP is the process by which capital to implement energy conservation measures is borrowed from the endowment and, through a rigorous system of measurement and verification, savings are moved from the utility budget back to the endowment.
To learn more about the current program structure and guidelines, please review our updated CECIP Process Guidelines. Additional program procedures can be found in the attachments below.
Ongoing CECIP Projects:
- Connected Building Commissioning - Campus Deployment
- Central Plant Optimization
- Smart Metering
- Data Center Upgrades
- Conversion of Pneumatic Controls Systems to Direct Digital Controls
- Chilled Water Pipeline Extension & Optimization
- Exterior Campus Lighting Upgrades
- LED Lighting Installations