A Lighting Update Can Upgrade Your Bottom Line
In most institutional and commercial buildings lighting is typically the single largest operating cost, consuming about 40% of the total electrical use—and upwards of 50% when the cooling load associated with the heat generated by inefficient lighting is factored in.
There are abundant opportunities in most facilities to cut lighting energy cost in half and, according to the Lawrence Berkeley Laboratory, by as much as an
80 % if a building is fully upgraded with today’s most efficient lighting equipment and controls.
● Consider that cutting a building’s energy use by 30% yields the same bottom
line benefits as a 5% increase in net operating income and building asset value
or a 3% increase in rental income, according to GreenBiz.com.
● Consider that a study by the California Energy Commission found that
upgraded lighting in retail facilities was linked to significantly higher retail
sales–as much as 40% higher.
● Consider that studies by the Rocky Mountain Institute have documented
employee productivity gains of six to 16% following lighting upgrades.
Should you consider upgrading your lighting system–and upgrading your bottom line?
Contact our lighting specialists today to discuss your options, call 708-345-0000 or visit www.paramont-eo.com.
