Budget Forecasting

A common need  is energy budget forecasting. Often this is accomplished by averaging previous data in excel and projecting for the next fiscal period. One limitation of this method is the lack of ability to account for abnormal weather patterns, rate changes, or changes in facility floor space. The Utility Data Management platform supports the creation of various budget scenarios to forecast energy usage, cost, and unit cost.

For more on energy budgeting, check out this energy budgeting video from the UDM project vendor: