, (PressExposure) April 30, 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.
âAtlantic Energy has earned a stellar reputation for helping government entities and corporations evaluate, fund and implement their conservation initiatives with positive cash flows,â Parisi said. âOur new partnership will extend their expertise into hospitality, an industry that has a major impact on our planetâs 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.â
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.
âLodging is the countryâs second largest employer,â Royer said. âThere 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.â
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 propertyâs electric, gas and water consumption. Based upon the engineerâs 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: â¢ Utility Bill Management Options â¢ Commodity Procurement Pricing and Analysis â¢ Energy Conservation Recommendations â¢ Annual Budget Guidance â¢ Ongoing Energy Audit and Tracking â¢ Solar, Wind and Co-generation Options â¢ Investigation of tax and grant assistance â¢ Flexible and available financing for all environmental projects Most property owners who have implemented Atlantic Energyâs 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: â¢ Reducing building utility expenses â¢ Reducing both capital and operating expenses â¢ Increasing Net Operating Income (NOI) â¢ Increasing building and business value â¢ Qualifying for Federal tax credits, rebates, grants and/or loans â¢ Leveraging existing operating and energy budgets to pay for the investment âThe thing that sets this environmental support program apart is that it goes beyond just providing a list of recommendations for improving a propertyâs conservation efforts,â Parisi said. âInstead, it actually demonstrates how a facility can take money thatâs 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.â
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.801to schedule their hotelâs 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 companyâs online presence at http://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.
EcoGreenHotelâs green hotel consulting services guide owners, operators and developers through the journey of developing and/or maintaining a sustainable operation or project.
About Atlantic Energy Solutions Atlantic Energy Solutions is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements, and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with satellite offices in Fairfield, NJ and Orlando, FL, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to bolster savings at the consumer level.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise any forward-looking statements.