Public Service Electric and Gas (PSE&G) has agreed to provide energy efficiency services for the University of Medicine and Dentistry of New Jersey (UMDNJ).
PSG&E will install a 2,700-ton chiller at UMDNJ as part of their $11.4m initiative to bring energy efficiency improvements to University Hospital and four buildings on its Newark campus.
Through the program, PSE&G will provide the $11.4m investment, with UMDNJ repaying $2.7m for three years, and the program covers the $8.7m investment difference.
The investments are expected to reduce UMDNJ’s annual utility bill by approximately $1.3m.
The energy efficiency improvements at UMDNJ will focus on improved cooling capabilities and include installation of a sophisticated control system and two new energy-efficient chillers.
The control system will regulate the chilled water distribution pressure to each building and each air handler within, using monitoring sensors to adjust flow rates instantly to maximize efficiency.
The energy efficiency project is expected to be complete by the end of this year.
The PSE&G Hospital Efficiency program is a $79m initiative that will fund the installation of energy conservation measures at 19 hospitals in the utility’s service territory.