HEALTHCARE

“Our partnership with 5 quickly paid dividends as we were able enter into contracts for both natural gas and electricity that will significantly reduce our operating costs. Their advice and expertise have been a great complement to our own facilities team.”
- Don Friel, EVP, Redeemer Health

HealthcareInside

Energy advice and strategy for healthcare

Healthcare facilities need to manage energy expenses while maintaining the conditions and equipment that support care. Purchasing decisions affect budgets, and proposed efficiency or backup power projects need to be evaluated against each facility’s operating requirements.

5 reviews your usage, contracts, and facility needs to recommend an energy strategy. We help prepare budgets, evaluate reliability and efficiency investments, and identify renewable energy and incentive opportunities.

How we help

  • Energy purchasing and budgeting: Review electricity and natural gas purchasing options and prepare budgets based on usage history, contract terms, and expected operating changes.

  • Reliability planning: Evaluate backup generation fuel options, combined heat and power, and microgrids based on facility requirements.

  • Efficiency review and planning: Identify opportunities to reduce energy use and assess proposed improvements within operational needs.

  • Renewable energy agreements: Evaluate power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs), including contract terms and financial implications.

  • Incentives and rebates: Track applicable programs and assist with rebate processing based on facility location, project details, and eligibility.

  • Energy-related compliance: Help review applicable requirements and account for them in energy and facility planning.

  • Sustainability: Help develop, implement, and communicate an ESG strategy that incorporates energy purchasing and facility investments.