Case Study

Vassar College Saves $225,000 While Transitioning to 100% Renewable Electricity

Vassar College Saves $225,000 While Transitioning to 100% Renewable Electricity

The opportunity

Vassar College sought to advance its carbon neutrality goals while managing the financial impact of transitioning to renewable energy.

Founded in 1861, Vassar College is a private liberal arts college in Poughkeepsie, New York, with a 2.3 million-square-foot campus. As part of its broader sustainability strategy, the College established a goal of achieving carbon neutrality by 2030.

Transitioning to 100% renewable electricity was a key component of that plan, but Vassar needed to balance its environmental objectives with responsible energy cost management. The College engaged Tradition Energy to identify a renewable energy strategy that could support its sustainability goals while minimizing the financial impact of the transition.

Analysis

Tradition evaluated renewable energy market conditions and procurement options to identify a strategy that could move Vassar toward 100% renewable electricity without compromising its financial objectives. The analysis ultimately identified an opportunity to combine favorable market timing with a multi-year renewable energy purchase.

At the time of the procurement, electricity generated entirely from renewable sources carried a slight premium compared with power generated from conventional sources such as natural gas and coal. Tradition evaluated available options to determine how Vassar could overcome that cost difference.

Tradition closely monitored market conditions and identified a favorable purchasing opportunity. Strategic timing allowed Vassar to secure renewable electricity while also capturing savings through its contract renewal.

Tradition’s renewable energy experts identified a multi-year purchasing strategy capable of supplying Vassar’s entire 2.3 million-square-foot campus with 100% renewable electricity. The strategy aligned the College’s energy procurement with both its sustainability and financial objectives.

The Result:
Savings with Sustainable Impact

Thousands In Cost Savings

Tradition’s strategically timed contract renewal enabled Vassar to transition to renewable electricity while reducing its energy budget by approximately $225,000.

Sustainability Goas Achieved

The renewable energy purchase eliminated more than 2,500 metric tons of carbon emissions annually, representing approximately a 10% reduction from Vassar’s 2005 baseline.

Renewable Electricity

The multi-year purchase enabled Vassar to power its entire campus with 100% renewable electricity, supporting meaningful progress toward its carbon neutrality goals.

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Vassar College Saves 5,000 While Transitioning to 100% Renewable Electricity