The State Corporation Commission (SCC) in Virginia has recently approved a fuel rate increase for Dominion Energy Virginia. The increase, which took effect on December 1, 2022, could have an impact on energy costs for businesses in the lodging industry. However, there are ways for hotels to mitigate these potential 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. By using this system, hotels can optimize their energy usage based on 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 Dominion Energy Virginia increase 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. The rising cost of fuel highlights the importance of investing in clean energy sources. By partnering with Lodging Technology, hotels can explore options for installing renewable energy systems, such as solar panels, and receive guidance on how to apply for rebates and incentives.
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 fuel rate increase approved by the Virginia SCC serves as a reminder of the significance of energy management for the lodging industry. Partnering with companies such as Lodging Technology and implementing energy management solutions like GEM Link® Wireless can assist hotels in reducing their energy consumption