Conversation Detail

Hey there! I'm Alden with Pluries Capital. Thanks for hopping on — what can I help you with...

Hey, good to meet you. Not too much on my end — I’m here to help you think through solar for your hotel. What are you mainly curious about: how the program works, savings, or if your property would even qualify?

Sure, let’s start there. We handle everything end to end: you share the property address, we run a detailed solar design, put together a full proposal with engineering and documentation, and then coordinate installation so your team doesn’t have to manage the process. I can walk you through that in more detail, but first, what hotel are you looking at this for?

Nice, thanks. And where is Stofford Inn Suites located, what city and state?

Great, Pensacola is a strong solar market. For Stofford Inn Suites, the flow would be: we take your address, design a system on the roof or carports, model the savings, then if you like the proposal we handle permits, installation, and the paperwork for incentives so it’s pretty hands off for you. To see if it pencils out well, about how much are you spending on electricity each month at that property?

Got it, around four thousand five hundred a month — that’s right in the range where solar can make a real dent in your operating costs. Hotels like yours often see roughly one‑third to about half off their power bills over time once the system is up and running. Are you more interested in lowering your monthly expenses as much as possible, or in using the tax benefits and depreciation on the ownership side, or a bit of both?

That makes sense, most owners want both. The structure we’d look at for you is one where solar cuts your monthly bill while also letting you use the federal investment tax credit and depreciation on the asset. To tailor that, are you the owner or part of the ownership group for Stofford Inn Suites, or are you managing it for someone else?

Perfect, that gives you a lot more flexibility in how we structure this. For owners, the big levers are the energy savings, the federal investment tax credit, and accelerated depreciation, which together can make the return pretty compelling in the first few years. Have you done any other energy upgrades at the property recently, like LED lighting or HVAC work, or would solar be your first major efficiency project there?

Got it, so solar would be your first big efficiency move at the property. That actually makes it easier to show...

Got it, solar would be the first. That’s actually nice because we can show you a clear before and after on your utility costs. Since you asked how the program works, do you want me to focus more on the installation and timeline, or on the financing and what “out of pocket” might look like for you?

Totally fair, that is what most owners care about. There are a few structures we use, including options with zero out of pocket where the payments are designed to be covered by the power bill savings, and others where you invest capital up front to maximize your tax benefits and long term return. Every property is different, so our team would build a custom proposal for Stofford Inn Suites based on your roof, Pensacola utility rates, and incentives, and that assessment is free. Would you want to keep ownership on your balance sheet to use the tax credit and depreciation, or would you prefer something more like a fixed monthly payment with minimal cash outlay?

Makes sense, you should absolutely see both side by side. One option is you own the system: you use the federal investment tax credit and depreciation, you get the long term savings, but you may put some capital in up front depending on the structure. The other is more of a pay over time approach with little to no out of pocket, where the goal is for your solar payment plus your new power bill to be lower than what you’re paying now. To actually price those for Stofford Inn Suites, my team would need to run a design on your roof and pull your utility details. To get that started, can I grab your first and last name?

No rush. Whenever you’re ready, what’s your first and last name so I can have the team put together both options for Stofford Inn Suites?