Radiant Energy is an energy partner for the hospitality industry and here is the breakdown:
The average utility cost savings identified by an energy audit equals 24% of the hotel’s utility spend.
At some hotels, an energy audit identifies ways to save more than 50% of the total annual utility costs.
Hotels that invest in LED lighting and guest room energy management systems see a corresponding improvement in customer satisfaction in addition to cost savings.
Adjustments in procedures and set-points often deliver immediate savings without a big investment cost.
The biggest paybacks generally come from capital improvements. For hotels that regularly renovate to stay updated and current, making the right decisions during renovation can often cut utility bills by 20-30%