- Converting an existing building to LED lighting or installing LED lighting in a new building creates a compelling value proposition for the building owner.
- Economic benefits of LED lights include: reduced electricity consumption; increased product life expectancy; lower maintenance costs; lower cooling costs; tax benefits; utility company rebates.
- The economics of LED lights can result in recovery of the cost of the investment in less than one year in some cases.
- The return on investment (“ROI”) regularly exceeds 20% and can go as high as 50%. This is a unique opportunity for a building owner to achieve this level of return.
Reduced operating costs increase the value of a building. E.G., a $0.1 million reduction in lighting costs increases the building value by $1.4 million at a 7% cap rate. ES provides its customers with LED product as well as services to assist them with their sales to their customers.
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