| PROPERTY HIGHLIGHTS |
| Property Type: |
Restaurant |
|
|
City, State: |
Newtown, PA |
| Square Footage: |
10,000 |
|
|
LIGHTING SAVINGS:
|
75% |
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| SAVINGS REPORT |
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|
Annual |
Lifetime* |
| Current Lighting Electricity Cost |
|
|
|
$8,705 |
$155,723 |
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| Projected Lighting Electricity Cost (LED) |
|
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|
$2,475 |
$44,274 |
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| Electricity Cost Savings with LEDs |
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|
$6,230 |
$111,449 |
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| Additional Operating Savings: |
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Annual |
Lifetime* |
| Bulb Replacement Costs (~5 cycles) |
|
|
|
$488 |
$6,053 |
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| Maintenance Labor Costs |
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$500 |
$2,500 |
| (Using Average of $.05/sqft) |
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| Reduced Air Conditioning Load |
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|
$187 |
$5,607 |
| (Avg. of $.03 for every dollar saved on lighting) |
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| Total Additional Operating Savings |
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$1,175 |
$14,161 |
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| Total Savings with LEDs |
|
Annual |
Lifetime |
|
$7,405 |
$125,610 |
| *Lifetime based on 80,000 hour lifespan and annual increase in energy costs of 3% |
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| COST ANALYSIS |
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|
Payback In Months |
ROI |
| Cost of LED Bulbs |
|
$16,247 |
----------------> |
26 |
46% |
| EPAct Tax Incentive |
|
$1,800 |
|
|
|
| Cost Less Tax Deduction |
|
$14,447 |
----------------> |
23 |
51% |
| Installation Costs (est. 15%) |
|
$2,437 |
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| Total: Estimated Cost |
|
$16,885 |
----------------> |
27 |
44% |
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Monthly Cash Flows |
| FINANCING OPTIONS |
|
Financing Cost |
Savings w/LED's |
Net Cash Flow |
| 36 Months @ |
6% |
($514) |
$617 |
$103 |
| 60 Months @ |
6% |
($326) |
$617 |
$291 |
| Savings Share Program |
|
($337) |
$617 |
$280 |
| (Based on 65% of monthly savings) |
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| Monthly Net Savings w/ highest cash flow option |
$291 |
| BONUS INCENTIVES |
| EPAct Federal Tax Deduction ($.60/sq ft) |
|
|
$6,000 |
$1,800 |
|
| (Based on estimated square footage) |
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|
(*Actual Savings - 30% tax bracket) |
| Property Value Increase |
|
|
$74,055 |
|
|
| (10% Cap Rate applied to reduction in operating costs) |
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| EcoAdvantage:CO2 Emissions Reduction |
|
|
1,448,837 |
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| (13 lbs of CO2 for every dollar of electricity saved, lifetime) |
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| ACT NOW! |
|
Daily Cost of Waiting |
$20 |
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|
Monthly Cost of Waiting |
$617 |
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