[Part 3] Three Ways to Encourage Eco-Friendly Behavior
Click here to read [Part 1] Energy Savings: Commodity Procurement
Click here to read [Part 2] Energy Efficiency: Use Less
According to a recent EnergyStar report, hotels in the United States spend close to $4 billion on energy each year–that’s $2,196 per available room annually. Given that energy costs will only continue to increase, reducing energy expenditures has become a viable way to reduce overall expenses.
Hospitality properties can decrease energy expenditures in three different, yet complementary, ways:
- By engaging in commodity procurement measures to reduce the cost of electricity
- By increasing energy efficiency to reduce energy usage
- By encouraging the development of sustainable day-to-day behaviors
It’s Easy Being Green
Our first strategy to decrease energy expenditures, engaging in commodity procurement measures, can harvest savings in the 4-10 percent range and typically requires committing to purchase gas or electricity from power marketers.
Our second strategy, implementing energy efficiency measures, can yield reductions as high as 60 percent and includes everything from installing an occupancy-based energy management system to replacing drafty windows and doors. This list is endless.
The least costly–and when done right, most persistent–form of energy savings can be harvested by educating and engaging the people who work or come through the building. But how, exactly, can hoteliers influence guest and staff attitudes to encourage eco-minded-thinking and reduce energy expenditures? Here are a few things that work: Read More »
[Part 2] Energy Efficiency: Use Less
Click here to read [Part 1] Energy Savings: Commodity Procurement
In the current economic climate, hotels and conference centers find themselves searching for new ways to reduce operating expenses more than ever before. The hospitality industry, like any other commercial enterprise, is driven largely by operating margins.
According to a recent EnergyStar report, hotels in the United States spend close to $4 billion on energy each year. Given that energy costs will only continue to increase, reducing energy expenditures has become a viable way to reduce overall expenses.
Hospitality properties can decrease energy expenditures in three different ways:
- By engaging in commodity procurement measures to reduce the cost of electricity
- By increasing energy efficiency to reduce energy usage
- By encouraging the development of sustainable day-to-day behaviors
We’re going to go tackle these energy saving ideas in this three part series. Here is the second part:
Energy Efficiency: Use Less
[Part 1] Energy Savings: Commodity Procurement
In the current economic climate, hotels and conference centers find themselves searching for new ways to reduce operating expenses more than ever before. The hospitality industry, like any other commercial enterprise, is driven largely by operating margins.
According to a recent EnergyStar report, hotels in the United States spend close to $4 billion on energy each year. Given that energy costs will only continue to increase, reducing energy expenditures has become a viable way to reduce overall expenses.
Hospitality properties can decrease energy expenditures in three different ways:
- By engaging in commodity procurement measures to reduce the cost of electricity
- By increasing energy efficiency to reduce energy usage
- By encouraging the development of sustainable day-to-day behaviors
We’re going to go tackle these energy saving ideas in this three part series. Here is the first part:
Commodity Procurement: Pay Less
In several parts of the country, consumers have the ability to purchase energy from independent marketers. This process is referred to as commodity procurement. Read More »
