
For obvious reasons, cost cutting is at the top of every business owner's to-do list. Surprisingly, energy expenses are often overlooked as operating costs are evaluated for their impact on a company's bottom line. Energy expenses can be a controllable cost when consumption behaviors are evaluated. According to ENERGY STARR, typical energy expenses account for more than 6 percent of a hotel's total operating costs. These costs have increased approximately 25 percent from 2004 to 2008. By investigating procurement options, analyzing a history of utility invoices, exploring what rates you should be paying, and implementing green energy practices, operators can drive down utility costs without negatively impacting the comfort of their hotels or quality of the guest accommodations. READ MORE