Rapid economic growth has increased the need for efficient electrical and thermal usage worldwide to not only save in energy but also be competitive in industry. Optimization of the current energy sources ought to be carried out in order to minimize the use of fossil fuels in the coming decades in a manner that is economically feasible. Cogeneration of electricity and heat, also known as combined heat and power (CHP), is one such technique making efficient use of fuel and providing greater power output while making the energy infrastructure of facilities more resilient. This technology is primarily useful in large ind40ustrial or medical centers, as they have a greater proportion of thermal loads than residential or office units. This paper reports a preliminary study at a facility in Tennessee, USA, to determine the cogeneration feasibility and its payback period. This study shows how the calculations are carried out by considering the primary energy consumption costs for determining the modeled payback periods and basic measures to be taken into consideration for a CHP installation at interested facilities.