Resources Help Managers Make Case for Energy Efficiency Funding

Implementing robust energy efficiency plans across an organization requires buy-in from leadership

By Dan Hounsell, Senior Editor


Healthcare facilities managers continue their pursuit of cost savings through their buildings, and energy efficiency upgrades are at the top of the list of actions designed to achieve this goal. To aid managers in their efforts, the U.S. Department of Energy’s Better Buildings offers resources designed to help managers make the case for energy efficiency investments.

Implementing a robust energy efficiency plan across an organization requires buy-in from leadership, especially when it comes to funding. Balancing costs of upgrades to support energy efficiency with competing priorities for funding is most successful when presented with a clear and compelling case.

Advocates for efficiency should be prepared to answer the following questions before approaching financial and leadership teams at their organization about proposed energy efficiency projects:

  • What are the expected energy and cost savings over time?
  • How does the project align with organizational goals?
  • What are the upfront costs, and how can they be paid?
  • How will operations be impacted?
  • What are any associated risks and benefits?

Justifying investment in energy efficiency can be most effectively communicated to financial decision-makers when speaking in financial terms. Better Buildings partner USAA’s Building Upgrade Value Calculator can convert expected savings to meaningful metrics for financial team members. The Energy to Finance: Understanding the CFO and Translating Metrics presentation from the Retail Industry Leaders Association provides further guidance on communicating the value and impact of sustainability initiatives from a financial perspective.



October 29, 2021


Topic Area: Energy Efficiency


Recent Posts

The Impact of Acoustics on Patient Privacy

As healthcare facilities evolve toward more open and flexible care environments, acoustic privacy has become essential.


Texas Behavioral Health Center in Dallas Opens with Ribon-Cutting Ceremony

The 456,265-square-foot facility offers a variety of therapeutic, recreational and social spaces that prepare patients for life outside the hospital.


Banner Health to Sell Banner Lassen Medical Center to Quorum Health

The transaction is expected to be completed in December 2026, pending required regulatory approvals.


What Accessibility in Senior Care Facilities Should Look Like

The future of design for senior care facilities should go beyond compliance.


Why Identity Governance Is Becoming a Facilities Management Issue

As healthcare buildings grow more connected, weak identity controls can expose HVAC, security and other critical systems to serious risk.


 
 


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.