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Fact Sheet: Ontario Hospitals & Energy Use
Helping Hospitals Lower Their Energy Costs.
The continuous monitoring of your hospital energy use is key for effective management of your energy costs. A study commissioned by the Ontario Hospital Association (OHA) found a 14.6% reduction in energy use by hospitals monitoring their energy consumption on a daily basis.* Here's how continuous monitoring works:
- Gain Insight. Determine how variables such as in-patient days, same surgical outpatient days, and weather changes actually affect you budget(s).
- Detect & Eliminate Waste. Detect wasted energy before significant costs are incurred. Take immediate steps to eliminate the cause.
- Maintain Equipment. Verify the energy performance of capital equipment. Sustain the ROI of energy investments year-over-year.
- Measure & Track. Hold energy performance contractors accountable to their commitments. Accurately measure the energy saved as a result of their efforts.
- Report. Set achievable energy reduction targets, communicate targets, and empower hospital employees and contractors to achieve them through fair and accountable reporting.
- Forecast & Plan. Use predictive energy models to estimate future energy needs and improve the accuracy of your energy forecasting and purchasing.
Significant Savings for Hospitals.
Energy costs are a significant expense for hospitals, averaging 2-3% of operating revenue. A 15% reduction in energy use means you can funnel a significant amount of money toward direct patient care, energy efficiency projects, or any number of worthwhile ventures.
A real-time monitoring and reporting information system gives you the ability to make informed energy decisions based on fact, rather than gut feel. It gives you the ability to monitor progress and report results accurately.
Energent Makes Energy Information Easy.
Many hospitals recognize the value of continuous, real-time energy information but lack the resources to produce it. Our energy information solutions are fully-automated and supported to ensure you have effortless access to accurate, relevant energy information for your hospital facility.
*Refer to the Fact Sheet (download above) for references.
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