cogeneration

GROSSMONT HEALTHCARE DISTRICT BOARD APPROVES ENERGY-SAVING COGENERATION EQUIPMENT AT GROSSMONT HOSPITAL

 July 8, 2012 La Mesa) -- The Grossmont Healthcare District (GHD) board of directors on Friday, June 29, 2012, unanimously approved plans to greatly improve energy efficiency and reliability at Grossmont Hospital in La Mesa.
 
The GHD board approved financing and a purchase agreement that will replace decades-old equipment with new, state-of-the-art cogeneration energy equipment at the regional medical facility. Estimated to cost $18 million to install, the hospital’s cogeneration project is projected to save millions of dollars in energy costs and provide a reliable source for up to 95 percent of the hospital’s electricity needs, GHD officials said.
 
 
Grossmont Healthcare District 2012 board president Debbie McElravy
and Tom Saiz, GHD chief financial officer. Credit Courtesy GHD

READER'S EDITORIAL: GROSSMONT HEALTHCARE DISTRICT SHOULD NOT FUND ENERGY COGENERATION EXPANSION WITH BORROWED MONEY

 

 By Jim Stieringer, La Mesa
 
February 9, 2012 (La Mesa)--In 2006 East County voters approved Proposition "G" authorizing the sale of general obligation bonds of $247 million to provide and improve various facilities at Grossmont Hospital. Included is an expansion of the hospital's central energy plant. The Grossmont Healthcare District is now considering adding a cogeneration feature to the plant  to be acquired through a "lease/purchase" agreement for $17,900,000 to be paid over a ten year (120 month) period at a rate of around $2,000,000 per year.