Healthcare facilities find new funding sources for infrastructure upgrades

Federal tax programs and many state and local incentives are available


Federal tax programs and many state and local incentives are available to help healthcare facilities upgrade their energy infrastructure and develop systems independent of the electric grid or back-up generators, according to an article the FaciitiesNet website.

U.S. hospitals spend nearly $5 billion annually on energy and related costs. Most main hospital buildings in the U.S. are more than 20 years old so a significant portion of that spending could be curbed through improvements in energy use, the article said.

Some facilities are using Power Purchase Agreements (PPAs) to fund infrastructure improvements with little-to-no upfront costs. A PPA also allows the institution to purchase electricity and/or thermal power from the PPA provider and through these payments, the hospital is also paying off a portion of the cost of a new system.  

There also is a range of incentives encouraging healthcare facilities to install combined heat and power (CHP) technologies, which offer reliable off-grid power during major disruptions.

Read the article.

 



July 2, 2015


Topic Area: Energy and Power


Recent Posts

Cooling Towers at NYC Health + Hospitals/Lincoln Test Positive for Legionella

Hospital among the positive tests at 10 cooling towers in South Bronx.


Prefabricated Wall Panels Accelerate UCF Lake Nona Medical Center Construction

Case study: StoPanel exterior wall systems helped Wal-Mark Contracting meet strict Florida wind-load requirements and complete 136 panels in just 11 days.


University of Rhode Island Adds Clinical Space

Space dedicated to training students in counseling-related programs doubles in size.


How Retail Design Principles Can Improve Healthcare Wayfinding

Healthcare facilities are adopting retail-inspired design strategies to make spaces easier to navigate and more comfortable for patients.


Flexible Design Strategies Help OhioHealth Maximize Clinical Space

Doing more with less was key to the renovated facility’s design.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.