Hospital cedes 80% to attain fast shared-savings payoff

Journal Article · Mon Nov 21 04:00:00 EST 1983 · Energy User News; (United States)

OSTI ID:5562133

Warrock, A M

The Emerson Hospital in Concord, Massachusetts plans to pay off its shared-savings contract in two instead of the usual five to seven years so that it can purchase the conservation equipment. The hospital expects to save $250,000 in 1984 after all the projects are operating. The short-term contract calls for an 80/20 split of the savings between the contractor and the hospital. The project began with a 1982 energy audit and low-cost airhandling and chiller modifications, and has progressed to more-sophisticated control systems requiring outside capital. (DCK)

• OSTI ID: 5562133
• Journal Information: Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 8:47; ISSN EUSND
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320103* -- Energy Conservation
Consumption
& Utilization-- School
Municipal
& Other Public Buildings-- (-1987)
BUILDINGS
CAPITAL
CONTRACTS
ENERGY CONSERVATION
FINANCING
HOSPITALS
MEDICAL CENTERS
PAYBACK PERIOD