Have you taken a close look at the lighting fixtures in your commercial buildings lately? If not, you may want to consider it. Those older light fixtures could be costing you a lot more money to run than the new, state-of-the-art light fixtures now on the market. In addition to saving on your energy bill, a lighting retrofit project can reduce your maintenance costs, decrease the loads on HVAC, improve lumens in work areas and reduce the amount of pollution released into the environment. As we see it, there is no downside.
That’s why Doyle Construction, in partnership with Liberty Lighting, offers a free, cost-benefit analysis for lighting retrofit projects for commercial customers.
Here’s how it works: we walk through your site and actually count the number and type of fixtures. Next, we’ll review your previous year’s energy bills and prepare a thorough cost analysis. We’ll calculate the cost of new environmentally friendly fixtures and the labor to install them, any rebates you may qualify for and your estimated yearly energy savings. We’ll also tell you how many months it will take to pay back your investment. Depending on the number of lights and the type (office versus warehouse, for example), typical payback time is 21-24 months.
For example, one of our property management firms had 673 light fixtures to upgrade. The net cost, after energy rebates, was approximately $34,500. But with estimated energy savings of $20,000 a year, the return on investment was just 20 months. By making the switch to state-of-the-art energy efficient light fixtures, this company also reduced its electrical demand by 121,823 kilowatts a year. They decided it was more than worth the investment – and we agreed.
If you would like to see how much you could save with new lighting fixtures, give us a call at (510) 687-1771. We’ll be happy to prepare a free cost-benefit analysis for you. We think you’ll find the results illuminating, pun intended!