Event Format

Webinar

Date

Thu, Aug 20, 2026, 12:00 PM CDT – Thu, Aug 20, 2026, 01:00 PM CDT

Cost

Members: FREE | Non-Members: FREE

Type

Webinars

Event Host

Open To

Members and Non-members

Description

Hospital utility costs are influenced by much more than energy consumption. Electricity supply contracts, natural gas markets, demand charges, capacity costs, delivery tariffs, weather and facility operations can all affect monthly expenses—often in ways that are difficult to explain to finance and executive leadership. This webinar will give healthcare facilities professionals a practical framework for breaking down utility expenses, distinguishing operational performance from market and rate impacts, and improving energy budget forecasts. Attendees will learn how procurement strategy, tariff structure, interval data and building operations interact, and how facilities teams can use this information to identify risks, explain budget variances and support more informed operational and capital decisions.

Learning Objectives

  • Identify the primary supply, delivery, demand, capacity and tariff components that drive hospital electricity and natural gas costs.
  • Distinguish cost changes caused by building operations and consumption from those caused by energy markets, weather, utility rates and procurement decisions.
  • Evaluate whether utility budget and procurement assumptions accurately reflect current contracts, rate structures, operating schedules and facility demand profiles.
  • Develop a repeatable utility variance process that helps facilities teams communicate energy performance, financial risk and corrective actions to finance and executive leadership.

Sponsored By

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