ROI & Energy Analysis
Understanding the Return on Investment for a lighting retrofit project is critical to get management approval and buy-in. At Electrical Marketplace we offer the most accurate and detailed Return on investment and Energy Analysis in the industry. The process is very simple. To begin please send us the following information:
- Quantity of existing fixtures
- Total Watts consumed by each existing fixture (400W MH consumes 455W total)
- Burn hours per year (number of hours the lights are on per year)
- Cost of Electricity per kilowatt-hour (kWh)
To get an accurate cost for your ROI analysis, you should add up the individual per kWh charges and average the variable charges throughout the year. For our base analysis, we use $0.11 per kWh if your project is located in Florida. The Department of Energy lists average retail rates by state on their website.
After you send us the required information you can rest assured that our group of specialists will send you an accurate analysis within 24 hours.