The Ozarks Medical Center (OMC) in West Plains, Mo., received a $1.26 million energy loan from the Missouri Department of Economic Development's Division of Energy to allow the hospital to replace a hot water boiler, chiller, and steam boiler.
OMC will also use the loan to purchase a hot water heat exchanger and make lighting upgrades to improve efficiency. These improvements are expected to result in annual energy savings of approximately $155,300, according to an article on the Hispanic Business website.
The loan will be repaid with money saved on energy costs as a result of implementing these upgrades and improvements.
Since the Energy Loan Program's inception in 1989, the Division of Energy has awarded more than 550 loans, which has resulted in nearly $84 million in completed energy-efficiency projects and more than $158 million in estimated cumulative energy savings, the article said. Loan financing may be used for various energy-saving investments, including upgrades in insulation, lighting systems, heating and cooling systems, windows and other items that affect energy use.
Read the article.
Cooling Towers at NYC Health + Hospitals/Lincoln Test Positive for Legionella
Prefabricated Wall Panels Accelerate UCF Lake Nona Medical Center Construction
University of Rhode Island Adds Clinical Space
How Retail Design Principles Can Improve Healthcare Wayfinding
Flexible Design Strategies Help OhioHealth Maximize Clinical Space