The U.S. Department of Energy recently released a new Better Buildings Initiative resource, the Healthcare Financing Primer.
The purpose of the resource is to help organizations take advantage of financial strategies to implement energy-efficiency projects in the healthcare sector. It explains how the healthcare sector’s energy-intensive buildings can overcome common financial barriers to successfully administer efficiency projects.
The healthcare sector has enormous potential for cost-savings, with healthcare organizations in the U.S. spending more than $6.5 billion annually on energy costs. The sector accounts for more than 4.1 billion sf of floor space in the U.S., and faces numerous challenges when considering energy upgrades.
Financing methods can help building stakeholders overcome the high initial cost of capital investments to decrease energy use. Different approaches can enable organizations to pay for the efficiency project over time through mechanisms like loans, leases, and efficiency-as-a-service.