Better Lighting, Bigger Savings, Brighter Budget
Ready to experience energy and cost savings, boost efficiency, and increase your bottom line? Look up! Replacing high energy-consuming lights with more efficient models is a practical investment that delivers cost efficiency and improved tenant, worker, or client experience in your facility.
With lighting accounting for up to one-third of a building’s energy usage, the cost savings potential of a lighting upgrade is significant. The U.S. Department of Energy suggests that upgrading to more energy-efficient lighting products may cut your bill in half. That deserves your attention.
While a facility-wide lighting upgrade or retrofit may present viable options, you don’t have to take an all-or-nothing approach to reap rewards. Making a few changes to an outdated lighting system through lamp replacements, adding controls, or adjusting lighting color and intensity can bring numerous benefits beyond direct energy savings. Lighting upgrades:
- Provide better illumination, increasing worker safety, and productivity
- Burn less energy, produce less heat and require less maintenance
- Lessen environmental impact and promote sustainability
- Increase property value
- Earn rebates and tax incentives at the local, state and/or federal level that offset initial investment
Expect your lighting upgrade to pay for itself in a relatively short amount of time. According to the Energy Cost Savings Council, lighting upgrades in commercial and institutional facilities have an average project payback period of just over two years, with a 45% return on investment per year.
With a potential energy cost savings of 40-60%, a lighting upgrade is an obvious place to start.
And an obvious place to start the project is with Usource. We recommend performing a feasibility study to understand your options and evaluate your ROI. From there, our team of energy advisors can help you develop a customized lighting strategy, tailored to your organization’s unique needs. Let’s get started! Contact a Usource advisor today!