Solar Systems, a must have Solution!
According to the US Energy Information Administration, Hotels, Motels and Resorts use far more energy than most other businesses with similar sized structures, because they must operate several power-hungry systems such as water heaters, huge laundry equipments, dish-washers and oversized HVAC units, to service their massive square footage buildings.
Hotels Solar Systems Benefits
For some environmentally conscious hoteliers, going green means a lot more than reusing towels and asking guests to turn off the lights when they leave their rooms. Sustainability, clearly, starts at the source: Solar energy. Recognizing that energy costs will steadily continue to rise at a base of 2.5% – 3.5% annually or more, savings from solar power systems will continuously increase even by installing a modestly sized solar array.
Harnessing sunlight can provide up to 100% of any hotel or resort needed energy, that’s enough to supply hot water and power to all guests’ rooms, restaurants and other public areas. Hoteliers powering their properties via solar energy are reporting cost savings and high returns on the investment, an ROI that is improving year after year. But ROI doesn’t always have to be about money, nor is it always. Guests will take notice of hoteliers going that extra mile for the sake of the environment!
Hotels Solar Systems installations
Modern Solar Systems can give Hotels operators and owners what they have always been looking for: Style, Reputation of being responsible to the environment and, Savings! Therefore, many leading hotels and resorts are rushing to take advantage of this amazing opportunity and installing solar systems on their properties. A 133-room Courtyard by MarriottLancaster is the first Marriott-branded hotel in the United States with 100 percent of its electricity needs generated from solar power.
Wynn Las Vegas uses two solar-power facilities to cover its energy demands: one on its rooftop and another off site. (Photo: Wynn Resorts) Anaheim Marriott installed Solar Panels atop the roof of its meeting space and realized a significant reduction in its energy consumption – particularly during the recent heat wave in Orange County.
Hotels New Business Opportunity
With the rapid increase of Electric Vehicles ownership, successful Hotels are taking major steps to set themselves apart from their competitors by offering, yet a new service, to attract more guests. Installing EV charging stations, no doubt, is the new trend in hospitality business. According to many surveys, guests, who drive Electric Vehicles, are checking about EV charging stations availability before they are making any reservation decision. Adding EV charging stations to hotels complexes will help increase their occupancy rate by attracting more electric vehicles owners to stay there as they can Charge-N-Stay at the same time, a perfect win-win scenario for both customers and operators!
Hotels Solar Systems Best Design
Being technology agnostic, First Energy Systems explore multiple technologies to offer the best solutions to meet hospitality clients’ specific energy requirements.
Promising Green Technologies
Multiple Green technologies can be implemented in hotels to even provide more savings including:
Battery Backup Systems reduce Demand-Charges and supply backup power at times of emergency
Battery Back Up
EV Charging Stations add value to your business, attract new customers and, generate positive income
A business can save up to 90% off its lighting expenses when converting to LED optimized by lighting Controls
A bag of Free Gold for being Green!
With all the obvious benefits and savings that come with installing solar systems at hotels; federal, state, local & utility incentives and rebates made it an even much easier and smarter decision to make.
These credits and rebates can cut the actual cost down by at least half or more, resulting in a higher ROI ratio and a very short payback period. As a matter of fact, a hotel solar system can pay for itself in just a few years, after that, it’s a pure profit center for the owners and operators!
A generous Dollar-for- Dollar 26% Federal Tax Credit through Investment Tax Credit Act (ITC), of the TOTAL cost of the Solar System Installation
A 21% Tax benefits resulting from Article 73 of Tax Code allowing 100% depreciation of the TOTAL cost of the System Installation in ONE fiscal year.
An 8% California MARCS tax benefit of the TOTAL cost of the Solar System installation.
Total Credits and Rebates is 55% of the Entire cost of the Solar System installation, Plus, various Utility and Local incentives.
A Great Value and a Smart Business Investment
Year-after-Year, a whopping 25% ROI can be realized when above various incentives are applied to reduce the total cost of Hotels Solar Systems installation, a music to the ears of their operators and Investors! First Energy systems provides Turnkey Solutions to harness the benefits of the sun, by reducing or eliminating their energy costs while maintaining highest ROI and lowest cost of ownership.