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Why upgrade lighting - the financial case
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There are numerous financial benefits for businesses who upgrade their commercial or industrial buildings with new energy efficient lighting systems
These benefits are outlined below:
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The financial benefits of energy efficient lighting |
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Overview of financial benefits... |
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Outdated lighting in a large commercial or industrial building can be responsible for up to 80% of the onsite electricity usage
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The savings made by new energy efficient lighting is typically the single biggest cut in electricity consumption (and carbon footprint) in one single step - up to 80% is possible, with every penny saved contributing directly to net profit
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As an pure financial investment, energy saving lighting provides a quick, guaranteed return - 12-24 months is typical, with less than 12 months being possible
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There are many indirect financial benefits including reduced lighting maintenance costs, better productivity in improved working conditions, avoiding financial penalties of new stringent environmental regulations etc...
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NO CAPITAL EXPENDITURE - Energy saving lighting qualifies for Carbon Trust financial assistance so you may be able to avoid making any capital outlay, only paying as you make savings
Further environmental benefits...
An investment made in energy saving lighting provides a very strong message - customers & supply chains increasingly need to see businesses taking Corporate Social Responsibility & climate change seriously - see here for more details.
Further operational benefits
An investment in new energy saving lighting technology should improve working conditions and reduce the cost/disruption of maintenance (up to 5-10 years between lamp changes) - see here for more details
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