Client Highlights

HIMA Health Hospital System

“LED Funding has completed the LED retrofit of our 6 hospitals on time and on budget with a total of 65% of energy savings. We have recommended that all of the other 40 hospitals in the network to retrofit with LED Funding immediately.”

Joaquin Rodriguez, Chairman & CEO

Founded in 1988, HIMA Healthcare is the second largest hospital system in Puerto Rico: its subsidiaries have 1,100 licensed beds and employ approximately 5,000 people.

SCOPE OF WORK

6 hospitals are included in the initial phase of the project, including HIMA Cupey, HIMA Fajardo, HIMA Humacao, HIMA Bayamon, HIMA Caguas, HIMA Ambulatory Center, requiring 32,116 LED lamps to retrofit 16,286 fixtures.

TERMS OF THE PROJECT

HIMA made no cash investment and will realize $3,600,000 of annual energy savings and $18,000,000 over 5 years. At the end of the 5-year contract period, it’ll also retain 100% of the energy savings, which could grow as electricity cost increases.

ENERGY / CARBON IMPACT

The project reduces lighting energy use by 60% from previous fluorescent and incandescent lamps, eliminating 4,336 tons of CO2 over a 5-year term of contract. The savings don’t include reduced maintenance cost as well as HVAC energy cost from lowered room temperature due to less heat dissipation from LED lights.

Largest university system in Puerto Rico: Founded in 1941, the university consists of 5 universities, 17 campuses with 60,000 student enrollment.

Ana G. Mendez University System

“LED Funding retrofitted our 4 main campuses and we are extremely satisfied with their work. As a result we are now planning to retrofit all of our satellite campuses with LED lights and HVAC with their energy-efficiency-as-a-service solutions.”

Ricardo Rodriguez
Executive Vice President of Operations

SCOPE OF WORK

Four university campuses were in the initial phase of the project, which include Este, Metropolitana Cupey, Metropolitanan Bayamon, Turabo Gurabo, requiring 19,732 lighting fixtures to be retrofitted with 45,374 LED lamps.

TERMS OF THE PROJECT

The university made no cash investment but realized $980,000 in energy savings annually and $9,800,000 over the 10 year term of the contract. At the end of the 10-year contract period, it’ll also retain 100% of the energy savings, which could grow as electricity cost increases.

ENERGY / CARBON IMPACT

The project reduces lighting energy use by 60% from previous fluorescent and incandescent lamps, eliminating in 7,603 tons of CO2 over a 10-year period. The savings doesn’t include reduced maintenance cost as well as HVAC energy cost from lowered room temperature due to less heat dissipation from LED lights.

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