5,000 Sq Ft Commercial Stairway LED Retrofit Savings Report

PROPERTY HIGHLIGHTS
Property Type: Commercial Stairway City, State: Washington DC
Square Footage: 5,000 Lighting Savings 60%
Current Lighting Cost (per sq. ft.) $1.69 per year LED Lighting Cost (per sq. ft.) $0.68 per year
SAVINGS REPORT
Annual Lifetime*
Current Lighting Electricity Cost $8,462 $101,228
Projected Lighting Electricity Cost (LED) $3,627 $43,384
Electricity Cost Savings with LEDs $4,836 $57,845
Additional Operating Savings: Annual Lifetime
Bulb Replacement Costs (~5 cycles) $215 $1,963
Maintenance Labor Costs
(Using Average of $.05/sqft)		 $250 $1,250
Reduced Air Conditioning Load
(Avg. of $.03 for every dollar saved on lighting)		 $145 $4,352
Total Additional Operating Savings $609.98 $7,564.63
Total Savings with LEDs Annual Lifetime
$5,445 $65,409
*Lifetime based on 80,000 hour lifespan and annual increase in energy costs of 3%
COST ANALYSIS
Cost of LED Bulbs $12,871 Payback in Months 33
Installation Costs (est. 15%) $1,931 Return on Investment 37%
Total Estimated Cost $14,801
Monthly Cash Flows
FINANCING OPTIONS Financing Cost Savings w/LED's Net Cash Flow
36 Months @ 6% ($450) $454 $4
60 Months @ 6% ($286) $454 $168
Savings Share Program ($262) $454 $192
(based on 65% of monthly savings)
Monthly Net Savings w/ highest cash flow option $192
BONUS INCENTIVES
EPAct Federal Tax Deduction ($.60/sq ft) $3,000
Property Value Increase
(10% Cap Rate applied to reduction in operating costs)		 $54,455
EcoAdvantage: CO2 Emissions Reduction (lbs)
(13 lbs of CO2 for every dollar of electricity saved)		 574080
ACT NOW!
Daily Cost of Waiting $14.92
Monthly Cost of Waiting $453.79