Laundy Hotel Group Pioneers Sustainable Solutions and Achieves Remarkable Savings
Blog | October 6th, 2023
Laundy Hotel Group, a renowned name in the Australian hospitality industry, has been leading the charge in sustainable practices. With a commitment to reducing its environmental footprint and enhancing profitability, the group embarked on an ambitious solar initiative across more than 20 of its venues. This case study explores how the integration of solar technology, in partnership with Solar Energy Enterprises, has not only benefited the environment but also resulted in substantial cost savings, with immediate electricity cost reductions ranging from $20,000 to $25,000 per venue annually.
The Challenge
As energy consumption continued to rise across their extensive portfolio, Laundy Hotels faced the daunting challenge of managing escalating electricity costs. Seeking a long-term solution that would align with their sustainability goals and provide financial benefits, they turned to solar technology.
The Solution
Laundy Hotel Group partnered with Solar Energy Enterprises to develop a comprehensive solar energy plan. With a total system capacity of 1.8 megawatts (MW), solar installations were strategically deployed across various venues, including Twin Willows, The Heritage, Swansea Hotel, The Albion, Plumpton, Horse and Jockey, Long Jetty Hotel, Settlers Arms, and Chittaway Bay.
The Results
The results of this partnership have been nothing short of incredible:
- Immediate Cost Savings: The implementation of solar energy systems led to immediate cost savings, with each venue realising annual electricity cost reductions of $20,000 to $25,000.
- Impressive ROI: The return on investment (ROI) for Laundy Hotels’ solar projects averages at 3.8 years, providing the group with a substantial return on their initial investment.
- Sustainable Energy: Solar now supplies between 33% and 40% of the total site energy requirements, significantly reducing the reliance on non-renewable energy sources.
- Business Expansion: The energy savings generated by solar have allowed Laundy Hotels to reinvest in further installations without affecting their cash flow, facilitating the continued expansion of their sustainable practices.
Laundy Hotel Group’s decision to embrace solar technology has not only aligned with their commitment to sustainability but has also resulted in substantial annual electricity cost savings. With solar energy now providing a significant portion of their power needs, the group is well on its way to achieving its environmental goals while simultaneously benefiting from enhanced financial returns.
Forward-thinking businesses can lead the way in sustainability while achieving tangible cost savings that positively impact their bottom line. Laundy Hotels’ success story serves as a testament to the potential of solar technology in the hospitality industry and beyond.
Interested in knowing how much your business could be saving with solar? Contact Solar Energy Enterprises today for a no obligation quote: https://www.solarenergyenterprises.com.au/contact-us/
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