Options for funding energy-efficiency projects

Financing alternatives can help healthcare facilities launch green initiatives


Despite the potential benefits,funding up-front capital for healthcare energy-efficiency projects when budgets are tight can be difficult, according to an article on the Health Facilities Management website.

There are a variety of financing mechanisms that hospitals can consider in this  situation. 

The American Council for an Energy-Efficient Economy, Health Care Without Harm and Practice Greenhealth issued a paper called “Energy Efficiency Financing for Hospitals: A Discussion of Both Tried-and-True and New Opportunities.”

The paper discusses four financing options that are available to hospitals including:

• Self-financing, leveraging utility incentives and revolving funds

•Energy service companies

•Commercial property-assessed clean energy programs (C-PACE)

•On-bill financing and on-bill repayment programs

Read the article.

 

 



April 26, 2016


Topic Area: Energy and Power


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