PSE&G Energy-Efficiency Program Helps Hospitals Spend More on Healthcare

NJ Spotlight published the following article on 5/12/2014. To read the full article, click here.

PSE&G Energy-Efficiency Program Helps Hospitals Spend More on Healthcare

Tom Johnson | May 12, 2014

Imagine saving hundreds of thousands of dollars in energy costs a year, reducing significantly your carbon footprint, and averting the headache of spending limited capital dollars on equipment not part of your core mission.

That’s the case for 32 hospitals thanks to a $129 million program by Public Service Electric & Gas. It has enabled those facilities to reduce their energy bills by updating, renovating, and replacing antiquated boilers, lighting, and other equipment.

The program is probably one of the more successful efforts in the state to sharply curb energy consumption by businesses and residents — a top priority of the Energy Master Plan adopted by the Christie administration.

Hospitals have huge energy bills.

Take the HackensackUMC Mountainside facility in Montclair. PSE&G — the state’s largest utility — last month completed $4.2 million worth of energy efficiency upgrades at the hospital, a move company officials say will save the facility $350,000 annually in energy costs, or about $7 million over the 20-year lifespan of the equipment.

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