Too many hospitals are unaware that they do not need to dive into their capital to install a healthcare microgrid, according to an article on the Microgrid Knowledge website.
A practical alternative exists known as a no-money-down microgrid funded through use of a power purchase agreement (PPA)
Under a healthcare microgrid PPA, the developer finances the risk and provides the upfront costs, and also operates and maintains the microgrid and its generators.
The energy developer and hospital share the savings achieved by the microgrid over the lifetime of the equipment, typically about 20 years.
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