Firms Offer Free On-site Environmental Audits
EcoGreenHotel Engineers to fan out across country to assess lodging facility energy efficiency
APRIL 28, 2009 - EcoGreenHotel President Scott Parisi today announced that his company has partnered with Atlantic Energy Services (OTC:AESO) of Saratoga Springs, N.Y., a leader in designing, financing and implementing energy efficiency projects, to offer free, no-obligation environmental assessments to U.S. hotels from now through May 2009.
'Atlantic Energy has earned a stellar reputation for helping government entities and corporations evaluate, fund and implement their conservation initiatives with positive cash flows,' Parisi said. 'Our new partnership will extend their expertise into hospitality, an industry that has a major impact on our planet's well being. By providing the free audits, we hope to encourage a greater number of properties to take that first step toward a more sustainable operation and a healthier planet.'
Atlantic Energy Services spokesman Greg Royer said his company partnered with EcoGreenHotel to offer the free environmental audits because the lodging industry holds such great potential.
'Lodging is the country's second largest employer,' Royer said. 'There are over 50,000 hotels and motels in this country, and the typical hotel buys more products weekly than 100 families buy in a year. By expanding our services into the lodging industry, we have tremendous potential to grow our company and make a positive impact on the environment at the same time.'
Atlantic Energy Services will cover travel and other expenses for its environmental engineers to conduct the on-site audits, which consist of an investment grade evaluation of each property's electric, gas and water consumption. Based upon the engineer's findings, the team then prepares and submits a free, no-obligation report and proposal to each hotel. The report and proposal include concrete steps the hotel can take to increase its energy efficiency, and includes a cost/benefit breakdown and a list of funding streams for which the property might qualify.
Specifically, each hotel will receive a personalized report and proposal that includes:
o Utility Bill Management Options
o Commodity Procurement Pricing and Analysis
o Energy Conservation Recommendations
o Annual Budget Guidance
o Ongoing Energy Audit and Tracking
o Solar, Wind and Co-generation Options
o Investigation of tax and grant assistance
o Flexible and available financing for all environmental projects
Most property owners who have implemented Atlantic Energy's projects in the past have realized energy savings of 15 to 70 percent. The company guarantees that it will design a project that realizes positive cash flow by:
o Reducing building utility expenses
o Reducing both capital and operating expenses
o Increasing Net Operating Income (NOI)
o Increasing building and business value
o Qualifying for Federal tax credits, rebates, grants and/or loans
o Leveraging existing operating and energy budgets to pay for the investment
'The thing that sets this environmental support program apart is that it goes beyond just providing a list of recommendations for improving a property's conservation efforts,' Parisi said. 'Instead, it actually demonstrates how a facility can take money that's already budgeted for energy expenses and reroute it to cover the cost of upgrades. By creating a positive cash flow, any property can afford to make energy-saving improvements, even in these difficult economic times.'
The environmental support program team has over 120 years of combined experience and includes engineers, hospitality industry veterans, financial services professionals, energy auditors and construction managers.
Property owners/managers may call Parisi at (888)229-0213 Ext.801 to schedule their hotel's free audit.
About EcoGreenHotel
A valuable resource for green hotels, EcoGreenHotel is dedicated to helping lodging facilities address environmental issues and implement environmentally sound initiatives. The company's online presence at www.EcoGreenHotel.com offers a marketplace for green hotel products and services and provides a one- stop venue for green hospitality industry news, basic environmental overviews and other tools like green hotel checklists, project ideas, book lists, and valuable links designed to promote a more sustainable hospitality industry.