Hospitality Energy Procurement in Lake County
Energy procurement for hotels and resorts. Guest services energy optimization. For hospitality operations located in Lake County, energy costs represent a significant operational expense that directly impacts profitability. With Illinois's deregulated energy market, hospitality businesses in Lake County have the opportunity to choose their electricity and natural gas suppliers, potentially saving 10-30% on annual energy costs.
Lake County borders Wisconsin and Lake Michigan, serving as a hub for pharmaceutical and healthcare industries. The county's diverse economy includes major employers in manufacturing, retail, and professional services. The county is served by ComEd, which is responsible for delivering electricity through the local grid. However, businesses can purchase their energy supply from any of the 50+ licensed retail suppliers operating in Illinois. This competition creates opportunities for hospitality facilities to negotiate favorable rates and contract terms.
Energy Landscape for Hospitality in Lake County
The average commercial electricity rate in Lake County is approximately $8.85/kWh, though actual rates for hospitality facilities vary based on usage patterns, demand characteristics, and contract terms. Peak demand periods in the region typically occur during July and August, when energy prices and demand charges can significantly impact monthly bills.
Hospitality facilities in Lake County face unique energy challenges related to their operational requirements. Understanding these challenges is essential for developing effective procurement and efficiency strategies.
Common Energy Challenges for Lake County Hospitality
- 24/7 guest services
- Variable occupancy
- Amenity loads
How We Help Hospitality Businesses in Lake County
Our energy advisors specialize in helping hospitality facilities throughout Lake County navigate the competitive energy market. We provide:
- Occupancy-based controls
- LED conversions
- Central plant optimization
Key Performance Indicators for Hospitality Energy Management
Effective energy management in hospitality operations requires monitoring key metrics that indicate efficiency and cost performance:
- Cost per occupied room
- HVAC efficiency
- Common area costs
Getting Started with Energy Procurement
Ready to explore your options for reducing hospitality energy costs in Lake County? Complete the form on this page or call us at (833) 264-7776 to speak with an advisor who understands both your industry and the local energy market.
What to Have Ready
To get accurate quotes for your hospitality facility, please have the following information available:
- Room count
- Occupancy rates
- Amenities list
- Utility bills