Energy Efficiency Financing for Hospitals
This guide summarizes some of the financing options available for improved energy efficiency and provides case studies as well as resources that offer further information.
Healthcare organizations with limited budgets for energy projects can consider using external financing options, such as Energy Savings Performance Contracting (ESPC), to cover the initial cost of project implementation.
Healthcare organizations approach financing for energy projects differently due to their unique characteristics: Building ownership: In the healthcare sector, facilities rarely change ownership, enabling owners to consider taking a long-term investment approach.
LPO can finance short and long duration energy storage projects to increase flexibility, stability, resilience, and reliability on a renewables-heavy grid. Why Energy Storage?
For healthcare facilities, particularly larger ones like hospitals, financing solutions that can fund multiple projects across a campus or complex are often a good fit. Examples include performance contracts and green revolving funds.
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