Energy-efficiency program helps hospitals spend more on care

Zero-percent loans let hospitals upgrade antiquated heating and cooling systems without diverting money from core mission


Zero-percent loans have helped 32 New Jersey hospitals upgrade antiquated heating and cooling systems without diverting money from caring for patients, according to an article on the NJ Spotlight website.

A $129 million program by Public Service Electric & Gas has enabled those facilities to reduce their energy bills by updating, renovating and replacing antiquated boilers, lighting and other equipment.

The HackensackUMC Mountainside facility in Montclair recently completed $4.2 million worth of energy efficiency upgrades at the hospital, a move officials say will save the facility $350,000 annually in energy costs, or about $7 million over the 20-year lifespan of the equipment, the article said.

The program has generated about $10 million in savings in the first year, according to Michael Jennings, a spokesman for the utility. 

Read the article.

 



May 21, 2014


Topic Area: Energy and Power


Recent Posts

Community Health Network Falls Victim to Data Breach

The Indiana-based network has no evidence that any personal information has been or will be misused as a direct result of this incident.


Hudson Regional Health Launches 4-Hospital System

The launch comes after CarePoint’s bankruptcy plan was confirmed and went “effective.”


Must Know Recalls of 2025

For the safety of our readers, Healthcare Facilities Today has closely followed all recall notices related to the industry.


Sustainability as a Baseline in Healthcare Facilities

Hospitals can balance costs, build resilience and learn from global models for sustainable design to further their green goals.


Comanche County Memorial Hospital and Southwestern Medical Center Join to Form Partnership

The partnership will go into effect by the end of December 2025.


 
 


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.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.