National Grid Decreases Basic Supply Rate: How Lodging Technology and GEM Link® Wireless Can Help Hotels Further Reduce Energy Costs

How Lodging Technology and GEM Link® Wireless Can Help Hotels Further Reduce Energy Costs

National Grid, a major utility company in the Northeast, has recently announced a decrease in its basic supply rate for electricity. This reduction, which is based on National Grid’s reduced cost of natural gas electricity generation, and will take effect on May 1, 2023, could provide temporary relief for businesses, including hotels, that rely on National Grid for their energy needs. However, there are still ways for hotels to further reduce their energy costs.

Lodging Technology offers a range of energy management solutions that can help hotel owners and operators reduce their energy consumption and costs. One such solution is the GEM Link® Wireless system, which enables hotels to monitor and control their HVAC and lighting systems remotely. By using this system, hotels can optimize their energy usage based on physical occupancy levels and reduce energy waste. The GEM Link® Wireless system can also provide real-time data on energy consumption, allowing hotels to identify areas for further energy savings.

In addition to energy management solutions, Lodging Technology can also help hotels navigate the changing landscape of energy regulations and policies. As utilities like National Grid adjust their rates, Lodging Technology can provide guidance on how to optimize energy usage and reduce costs.

For example, Lodging Technology can help hotels take advantage of renewable energy incentives and programs that may be available in their area. By investing in clean energy sources, such as solar panels, hotels can further reduce their reliance on traditional energy sources and lower their energy costs over the long term.

Lodging Technology can also help hotels implement energy-saving policies and programs that can further reduce their energy consumption. This includes initiatives such as installing GEM Stat™ Wireless digital thermostats with temperature limiting, implementing energy-efficient practices in housekeeping and maintenance operations, and using energy-saving equipment and appliances.

The decrease in National Grid’s basic supply rate is certainly a positive, albeit temporary, development, for businesses that depend on the company for their energy needs. Nonetheless, with the aid of Lodging Technology and energy management solutions like GEM Link® Wireless, hotels can take additional measures to minimize their energy consumption and expenses, while also prioritizing sustainability and environmental consciousness.

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