Energy Bills and a City’s Downfall

Energy bill at Revel, Atlantic CityEnergy bills may have played a role in the ongoing downfall of one of the country’s most iconic cities. Atlantic City—and its rapid demise—has been getting a lot of press lately. Much of the attention has focused on the Revel, a shiny and modern casino that just opened a few years ago and had barely had a chance to get comfortable before closing recently. The grand structure had been heralded as a sign of the city’s future, and instead turned out to be an indicator of its struggles.

There were of course a wide range of issues that led to the closing of the Revel (and the several other Atlantic City casinos that have also closed their doors this year). But, as this story indicates, utility bills were a major expense involved in keeping the casino running. The story notes that Revel’s average monthly utility bill was about $1.25 million. The holding company that is now taking control of the property has reportedly already taken steps to try and keep the building’s energy costs as manageable as possible.

While it is unlikely that most property owners will ever need to worry about the energy bills of a massive casino hotel, everyone that owns a home or business wants to save energy as much as possible. One great way to accomplish that goal is by using spray foam insulation, roofing and coatings. These projects require specific equipment, of course, which can include a spray foam rig that we can custom-design here at Intech Equipment & Supply.