Advantages of solar energy in hotels
The hospitality industry is evolving rapidly and it is no surprise that hotel businesses are exploring new ways to become profitable and sustainable. Investing in renewable energy sources has emerged to be a practical solution for hotel businesses to reduce unnecessary costs and increase profitability. Hotels enjoy high profit margins during peak season but the lean times are hard to survive with various utility bills eating into the small profit. Leveraging turnkey solar solutions will help hotels drive more business and save money on utility bills. Let's understand the advantages of solar energy for the hotel industry in this article.
Top five advantages of using solar energy in hotels
The hotel industry consumes a significant amount of energy, mainly generated using fossil fuels and non-renewable resources. This poses a huge threat to the environment as well as the industry's survival in future. Installing solar panels on the rooftop is an effective way to generate the required energy. The unused space in the hotel premises can be utilized for productive purposes such as energy generation.
Here is a list of the top 5 advantages of using solar energy in hotels:
1. Reduces energy bills
Hotels consume the most energy for cooling and lighting purposes. Energy consumption in hotels has increased especially after COVID, with customers demanding air filtration and ventilation systems in hotels. More devices mean more energy consumption. Hotels that switch to solar energy can reduce their energy consumption by up to 30 to 50%. If hotels cannot afford the high upfront costs of installing solar panels, they can opt for the OPEX model. The cost-saving benefits from solar systems will continue past the warranty period of solar panels. Hotels can escape the electricity rate fluctuations and send surplus power back to the grid for money. This is highly beneficial during the off-season when profits are low.
2. Improves customer experience with solar-powered EV charging stations
Solar energy solutions India gives opportunities for hotels to install EV charging stations by harnessing solar power. Hotels can provide a positive customer experience for customers and reduce costs at the same time. Customers can stave off the increased electricity costs incurred by charging at non-solar stations. More customers will frequent your hotels which will directly impact your bottom line.
3. Helps reinvest the money on core areas of business
Investing in commercial solar installation frees up money for hotel companies to invest in other important areas of the business such as expansion, marketing, new offerings etc. Reduced overhead costs open opportunities for businesses to invest in innovation and technology that will significantly increase profit margins.
4. Boosts the image
Being an eco-friendly company comes with many benefits, one of them being positive customer perception. Today's consumers like to associate with businesses that care for the environment. They appreciate the big and small initiatives by the companies to minimize environmental impact. Going solar boosts your public image and will play a key role in attracting investment. Consumers feel good about the choices they make when associating with sustainable companies and hotel companies can benefit from a loyal customer base.
5. Lowers carbon footprint
The hotel industry needs to reduce its carbon emissions by 66% per room by 2030, and by 90% per room by 2050 according to recent studies. Investing in solar energy is an effective way to reduce carbon footprint and become sustainable. The hotel industry's growth will positively impact the economy only if carbon emissions are kept under control. More growth should not translate to more harm to the environment. Moreover, modern diners attach tremendous importance to the nature of the places they frequent. An environment-friendly business gets you brownie points for them, translating into higher footfall and revenue.
Hotels use energy for air conditioning, lighting, heating, ventilation etc. Solar installation makes sense for the hotel industry in today's context where energy bills are rising at a rapid rate. Solar provides a reliable power generation solution. But partnering with a top solar company in India is critical to reap maximum benefits from your solar installation.
Tech Solar is a top-tier solar EPC company in India with deep expertise in solar installation for a broad spectrum of industries. Submit your requirements to us and we will get back to you with customized solar solutions.
