10,000 Sq Ft Commercial LED Retrofit Savings Report
| PROPERTY HIGHLIGHTS | |||||
| Property Type: | Commercial | City, State: | Conshohocken, PA | ||
| Square Footage: | 10,000 | Lighting Savings | 74% | ||
| Current Lighting Cost (per sq. ft.) | $0.18 per year | LED Lighting Cost (per sq. ft.) | $0.05 per year | ||
| SAVINGS REPORT | |||||
| Annual | Lifetime* | ||||
| Current Lighting Electricity Cost | $1,761 | $207,245 | |||
| Projected Lighting Electricity Cost (LED) | $637 | $74,952 | |||
| Electricity Cost Savings with LEDs | $1,124 | $132,293 | |||
| Additional Operating Savings: | Annual | Lifetime | |||
| Bulb Replacement Costs (~5 cycles) | $129 | $4,901 | |||
| Maintenance Labor Costs (Using Average of $.05/sqft) |
$500 | $2,500 | |||
| Reduced Air Conditioning Load (Avg. of $.03 for every dollar saved on lighting) |
$34 | $1,012 | |||
| Total Additional Operating Savings | $662.28 | $8,413.15 | |||
| Total Savings with LEDs | Annual | Lifetime | |||
| $1,787 | $140,706 | ||||
| *Lifetime based on 80,000 hour lifespan and annual increase in energy costs of 3% | |||||
| COST ANALYSIS | |||||
| Cost of LED Bulbs | $10,993 | Payback in Months | 85 | ||
| Installation Costs (est. 15%) | $1,649 | Return on Investment | 14% | ||
| Total Estimated Cost | $12,641 | ||||
| Monthly Cash Flows | |||||
| FINANCING OPTIONS | Financing Cost | Savings w/LED's | Net Cash Flow | ||
| 36 Months @ | 6% | ($385) | $149 | ($236) | |
| 60 Months @ | 6% | ($244) | $149 | ($96) | |
| Savings Share Program | ($61) | $149 | $88 | ||
| (based on 65% of monthly savings) | |||||
| Monthly Net Savings w/ highest cash flow option | $88 | ||||
| BONUS INCENTIVES | |||||
| EPAct Federal Tax Deduction ($.60/sq ft) | $6,000 | ||||
| Property Value Increase (10% Cap Rate applied to reduction in operating costs) |
$17,865 | ||||
| EcoAdvantage: CO2 Emissions Reduction (lbs) (13 lbs of CO2 for every dollar of electricity saved) |
557232 | ||||
| ACT NOW! | |||||
| Daily Cost of Waiting | $4.89 | ||||
| Monthly Cost of Waiting | $148.88 | ||||

