50M SAVINGS FOR RESORTS IF ENERGY EFFICIENT

Mon, Nov 7th 2011, 01:11 AM

By NEIL HARTNELL

Tribune Business Editor

THE Bahamian hotel industry could slash around $50 million off its annual energy bill if it implemented practices to become more energy efficient, a government minister has estimated, with draft legislation to facilitate "small scale" independent power production now under review.

Addressing an Energy Efficiency Forum organised jointly by the Bahamas Hotel Association (BHA) and Bahamas Chamber of Commerce and Employers Confederation (BCCEC), Phenton Neymour referred to a report by the German consultants, Fichtner, which had shown that Bahamian hotels could enjoy savings of between 49-63 per cent on their existing power bills by implementing a ...

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