Mill Creek, WA

Case Study: LED Retrofit Delivers 75% ROI for Multi-Unit Condominium

The Project
A 64-unit condominium complex consisting of two four-story buildings with ground-level parking recently underwent a full LED lighting retrofit. The project focused on replacing outdated lighting in key areas, including:

Hallways & Stairwells
Parking Areas
Mechanical & Electrical Rooms
Storage & Garbage Rooms
Back-of-House Areas

To maximize efficiency and savings, the retrofit also included Lighting Lumen Level Controls (LLLC) at each fixture, ensuring that energy usage was optimized based on real-time lighting needs.

Project Impact & Key Statistics
New Fixtures & Controls Installed: 75
Total Project Cost: $21,918
Estimated Annual Energy Savings: $4,318
Snohomish PUD Rebate: $13,133
Total Net Out-of-Pocket Cost: $8,785
Annual Maintenance Cost Reduction: $2,309

The Results: A High-Impact, Cost-Saving Solution
This LED lighting retrofit resulted in a 71% utility rebate, reducing upfront costs significantly. Additionally, the project led to:

19% reduction in annual energy costs
10% decrease in annual maintenance expenses
Total return on investment (ROI) of 75%

Maximizing Savings with Utility Rebates
As utility companies continue to offer aggressive rebates and incentives for energy-efficient upgrades, now is the perfect time to explore how an LED retrofit can benefit your property.

How much could your facility be saving? Contact us today to schedule a consultation and find out!

Share the Post:

Related Posts