PENINSULA HEALTH EPC TO SAVE MILLIONS
July 2019
In Victoria, Peninsula Health is investing $7 million to increase its energy efficiency and improve frontline services. The investment will fund new lighting, heating and cooling upgrades across Peninsula Health’s two hospitals, two major rehabilitation facilities and one other local health facility, which is also having a solar array and battery installed. The use of an EPC means that the savings are guaranteed, reducing the risk for Peninsula Health, and ensuring that the promised financial benefits are delivered.
Peninsula Health is delivering this project with the support of the Victorian Government’s Greener Government Buildings program and a no-interest loan from the Victorian Government.
The overall project will reduce annual utility costs by $1.2 million, or 14%, reduce annual energy consumption by 23%, and emissions by over 4,000 tonnes, or 21%.
In 2017, the Greener Government Buildings program committed a further $26 million to health services to finance energy projects. These upgrades to Victorian hospitals are estimated to save more than $70 million over the life of the investments, and cut greenhouse gas emissions by more than 20,000 tonnes each year.
Find the case study on page 11 of Navigating a dynamic energy landscape: a briefing for government agencies.