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REVOLUTION
POWER
CHP Business Impact Scenario
Boston Park Plaza
The Boston Park Plaza Hilton faces challenges including seasonal demand fluctuations, high operating costs, and regulatory expenses. The hotel's high energy use for heating and cooling 740,000 square feet, combined with environmental compliance costs, impacts its profitability.
Implementing Combined Heat and Power (CHP) systems can cut operating costs by over 3 percentage points and help meet environmental regulations. Utilizing the Federal Historic Tax Credit (HTC) along with Massachusetts incentives like the Mass Save Program and Renew Boston Trust can significantly offset investment costs, boosting both financial and environmental performance for the 1,060-room hotel.
Key Benefits*
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Reduces Energy Costs: Saves $2.5 million in the first year and $27 million over ten years.
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Increases Asset Value: Adds $37 million to the sell price, based on a 12x multiple.
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Reduces Carbon Emissions: Cuts emissions by 74%, equivalent to planting 110,000 tree seedlings annually.
How Will CHP Impact Your Business Performance?
Simply fill out some basic information and we will create a customized CHP Business Impact Scenario at no cost to you.
That's better than a free breakfast!
CHP Business Impact Scenarios use current energy data to make projections and exclude financing and incentives to estimate the Internal Rate of Return and Ten-Year Value. These figures are preliminary estimates, with more accurate projections to be determined by the Combined Heat & Power Primary Energy Accelerator.
Disclaimer: The CHP Business Impact Scenarios presented on this website are hypothetical and intended as examples of the potential benefits of Combined Heat and Power (CHP) systems. These scenarios are based on publicly available data, primarily from sources such as the U.S. Energy Information Administration (EIA), British Columbia Utilities Commission (BCUC), UK Department for Business, Energy & Industrial Strategy (BEIS), Deutsche Energie-Informationsdienst (EID), Statistics Finland (Tilastokeskus) and Greek Regulatory Authority for Energy (RAE). All findings and calculations have been independently derived without direct input or involvement from the property owners. Actual results may vary based on specific site conditions and operational factors.