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