PARKING GARAGE

There are 3 components to saving money with LED light products:

CALCULATE YOUR SAVINGS PLEASE USE OUR INTERACTIVE CALCULATORS BELOW

1). Reduction in energy ussage (Kw-H)

Replacing a 175W metal halide bulb and 35W ballast, with a 60W LED saves 150W

Watts150
KW-H Rate ($)0.12
Hours / Day24
Days / Year365

2). Reduction in material costs of existing product

A 175W metal halide bulb ($18) is rated to last 15,000 hours.
A 175W metal halide ballast ($45) is rated to last 60,000 hours.

BulbBallast
Rated Hours1500060000
Hours / Day2424
Days / Year365365
Cost ($)1845
Savings / Year ($)10.516.57

3). Reduction in labor costs to replace existing products

It takes 1 billable hour ($65) to replace a typical parking garage bulb (total $65).
It takes 1 billable hour ($65) to replace a typical parking garage ballast (total $65)

Bulb LaborBallast Labor
Rated Hours1500060000
Hours / Day2424
Days / Year365365
Labor Rate ($)6565
Savings / Year ($)37.969.49
Annual Savings ($)222.21

LED Life

The Green Lumens LED retrofit is rated to last 70,000 hours

Hours / Day24
Days / Year365
Years7.99
Savings over life of Green Lumens® LED
Savings over the life of Green Lumens® LED from retrofitting existing 175W MH:
1775.67
Cost of Goods ($)450
Payback Years2.03
ROI $*1325.67