title: The 50 percent solution to reducing energy costs.
abstract: Hospitals can use a five-step process to achieve energy savings: Define a minimum acceptable ROI or hurdle rate. Seek incentives, rebates, and tax benefits. Set a 10-year investment horizon for all project portfolios. Create a system for tracking and reporting the operational and financial performance of the project portfolios. At the end of the year, return 50 percent of the savings to the facilities department and use the rest to fund additional projects.
authors.affiliation: Corporate Realty, Design & Management Institute, Portland, Oregon, USA. awhitson@squarefootage.net
authors.forename: B Alan
authors.initials: BA
authors.lastname: Whitson
mesh_terms: D003246:Conservation of Energy Resources / Q000191:economics*; D017046:Cost Savings / Q000379:methods*; D011211:Electric Power Supplies / Q000191:economics; D006761:Hospitals; D014481:United States