Pitt's FY07 Budget
I created these two charts based on University Times Articles discussing Pitt's Budget. I don't think the University's budget is publicly accessible but I would love to see the entire document. The university has budgeted to spend about 51 million on utilitiest this year.
In 2002, 59% of Pitt's utility budget went to pay the electricity bill. If 59% of the current utility bill will go toward electricity, then FY07's electricy bill will be 30.1 million and purchasing 10% renewable energy would cost an additional $375,000 (with a 50% discount on what residential customers would pay).
I find it difficult to understand how the electricity bill more than quadrupled (8.26 million in 2002 t0 30.1 million in 2007) in the past 5 years. The Peterson Events Center could have had a big effect. Also, electricity rates were capped up until at least 2004. Rates may have been uncapped in January of 2005, which could explain some of the increase. Still, quadrupling your electric bill in 4 years is quite a lot.
posted by Barbosa at 9:15 PM
2 Comments:
found links for two articles, one by the University Times in May of 2002 and the other by the Pittsburgh Tribune Review on February 27th 2005 both quoting Ana Guzman, associate vice chancellor for Facilities Management (not sure if she still holds this post), that Pitt's electricity bills in both of those years were over $14 million.
http://mac10.umc.pitt.edu/u/FMPro?-db=ustory&-lay=a&-format=d.html&storyid=4036&-Find
http://www.pittsburghlive.com/x/pittsburghtrib/news/specialreports/enterprise2005/s_305372.html
Thanks for the research help William. The 2002 article was my source for my estimating that 59% of Pitt's current utility bill is spent on electricity. According to that article, the university spent 14 million on its annual utility bill with 59% (8.36 million)of the money paying for electricity.
The article in the tribune review says that Pitt spent 14 million on electricity in 2004. That would be a 6 million increase over 2002. If that trend has continued to the present, then the university is probably currently spending around $20 million annually on electricity.
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