Edgerton Hospital and Health Services, a healthcare facility 30 miles southeast of Madison, Wis., new geothermal system has dramatically reduced its natural gas bill, according to an article on the Health Facilities Management website.
Edgerton installed an $850,000 ground-loop geothermal system back in 2011 when the now 18-bed replacement critical access hospital was built.
It estimated it would have a 15-year payback timeline. The payback came nine years early as the hospital has reaped more than just financial benefits from installing the system.
In the old facility, monthly costs for electricity and natural gas were $13,500 and $14,000, respectively. In the new hospital, monthly electricity costs are $15,000 and natural gas costs are $450, so that the hospital no longer needs to budget for fluctuations in natural gas prices.