The 2024 report of the Ministry of New and Renewable Energy confirms that around 20% of the hospitality sector in India has switched to solar energy to meet their daily operations.
ITC Maratha, one of the reputed hotels, meets 75% of its electricity demand through renewable energy sources, with solar energy being the primary energy source.
Some hotels report energy cost savings of nearly 30% to 50%, while some affirmed a reduction in the electricity bills to be around 60-95%.
The solar rooftop market is rapidly expanding, and the installation of rooftop solar capacity is expected to increase from 17.6 GW in 2025 to 41.5 GW by 2030, at a CAGR of approximately 18.7%.
Many hotels in India, after installing solar panels, have reported cost savings and reduced their carbon footprint, and have also enhanced their brand reputation.
Switching to solar energy is the best alternative energy solution in today’s era, where emissions and high power costs are of great concern. Rooftop solar in hotels is a smart business choice that ensures long-term gain and positively impacts the environment.
Why Rooftop Solar in Hotels is the best energy option
Big Savings on Electricity Bills
Hotels use a lot of electricity because they run all day and night to keep guests comfortable. This means electricity bills for hotels are one of the major expenditures. Installing solar panels can help hotels cut down these bills by 50-60%. Although investing in solar panels may cost a bit at first, the savings on electricity usually pay off that cost within a few years.
Hotels can reduce their cost of solar installation by availing of commercial solar schemes and tax benefits offered by the government.
Helping the Environment and Building a Good Reputation
If hotels adopt solar energy systems, it conveys a positive message to society that the hotel is concerned about the environment. We know that solar power is a clean energy source and does not cause air pollution like electricity made from coal or gas. Adopting solar energy means fighting against climate change and saving the environment. Many travellers today want to stay in eco-friendly hotels. By using solar power, hotels can increase their guest footfall and earn a good reputation.
Reliable and Easy to Maintain
Solar panels are designed to be reliable, and they can last for 25 to 30 years and require very low maintenance. Solar power is steady and predictable, and is not like the other energy sources that are expensive and can sometimes be unavailable for unforeseen reasons. Hotels only need to check the panels and clean them regularly to keep everything working well. This means fewer surprises and less downtime.
Energy Independence and Security
Once the hotels start making their electricity, they need not be worried about the rising price of electricity or power cuts. The solar energy system helps reduce their dependency on on-grid power system. This is especially helpful in places where the power supply is not always stable. If hotels add batteries to store solar energy, they can keep the lights on even during power cuts. This ensures smooth business operation without power failures.
Higher Property Value and More Guests
Installing solar panels doesn’t just save money – it can also increase the value of the hotel property. Studies show that saving on energy bills can make a hotel more valuable. Also, hotels that use solar energy stand out from the competition. They attract more guests who want to stay at eco-friendly places, which can lead to higher bookings and better reviews.
Government Support and Being Ready for the Future
Governments in India and around the world now aim for more and more businesses to start using renewable energy means, and solar energy is the most feasible energy option. To encourage more solar installations, the government is providing easy financing options for commercial rooftop solar installations.
To sum up
Solar energy is a clean energy source. Electricity is generated by converting the natural light from the sun with the help of solar panels. Hotels can easily make use of this free and natural energy to operate their business. This will help them reduce their electricity expenses substantially and also help them protect the environment. Hotels need to partner with the best solar energy manufacturing companies in India for their solar rooftop installation.
