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  "documentTitle": "Bain Cost Diagnostics for University of North Carolina",
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      "text": "Avg kBTU / GSF by building type showing potential reduction",
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      "text": "Energy Management to aim for North Carolina goal and reduce energy consumption 18% by 2015. Use vendor performance contracts to secure funding and guarantee results. Focus on retrofitting labs and improving control systems.",
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      "text": "Energy conservation projects are self-liquidating and will help modernize the university campus. Energy consultants estimate savings and underwrite loans, allowing UNC to complete projects with risk-free returns. Performance contracts will not create a liability on UNC's balance sheet. Reduced consumption will limit the need to further expand the utility system, reducing Energy Services' long-term debt load.",
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      "text": "In the short-term, fixed costs may be spread over a smaller base of consumption, which could lead to higher utility rates despite lower total costs. After the performance contracts are paid off, operating savings may be recouped by NC in the form of a lower utility budget.",
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      "text": "Estimated upfront investment: $100-150M over 7-10 yrs (underwritten by vendor). Estimated annual value: $10-15M. Time to realize: 7-10 years per project.",
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      "text": "Note: Potential reduction based on lowering consumption in outlying buildings to type average. Source: Energy Management building statistics; EnergyStar.gov",
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      "text": "Energy Services option 2: Reduce consumption",
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