The U.S. Department of Energy recently released a new Better Buildings Initiative resource, the Healthcare Financing Primer.
The purpose of the resource is to help organizations take advantage of financial strategies to implement energy-efficiency projects in the healthcare sector. It explains how the healthcare sector’s energy-intensive buildings can overcome common financial barriers to successfully administer efficiency projects.
The healthcare sector has enormous potential for cost-savings, with healthcare organizations in the U.S. spending more than $6.5 billion annually on energy costs. The sector accounts for more than 4.1 billion sf of floor space in the U.S., and faces numerous challenges when considering energy upgrades.
Financing methods can help building stakeholders overcome the high initial cost of capital investments to decrease energy use. Different approaches can enable organizations to pay for the efficiency project over time through mechanisms like loans, leases, and efficiency-as-a-service.
Related Stories
Codes and Standards | Jul 7, 2021
Bechtel, Nautilus partner on sustainable, high-performance data centers
Facilities would use 70% less power for cooling, eliminate consumption of drinking water.
Codes and Standards | Jul 7, 2021
Surfside condo collapse could spur new legislation
Natl. Institute of Standards and Technology is investigating.
Codes and Standards | Jul 7, 2021
Intl. Code Council appoints committees to lead energy code development
One-third of appointees are government regulators.
Codes and Standards | Jul 1, 2021
COVID-19 made payment delays to contractors much worse
Only one in ten companies is always getting paid in full.
Codes and Standards | Jun 30, 2021
New resource for public sector organizations to develop energy data management program
Dept. of Energy document contains more than 30 examples of successful implementations.
Codes and Standards | Jun 29, 2021
Biden China policy may spur more increased U.S. PV manufacturing capacity
Senate bill proposes advanced solar manufacturing production credit.
Codes and Standards | Jun 28, 2021
Local and state building energy performance standards aim to curb climate change
Owners must up the ante on operations and retrofits.
Codes and Standards | Jun 24, 2021
Biden Administration will restore ‘Waters of the U.S.’ protections ended by Trump
Early revision more likely to hold up in court, says legal expert.
Codes and Standards | Jun 23, 2021
Denver unveils renewable heating and cooling plan
City releases roadmap to decarbonizing existing homes and buildings.
Codes and Standards | Jun 22, 2021
Actually, few companies plan to significantly reduce their office footprint
CBRE survey shows that many firms will continue with hybrid work.