LED Lighting Upgrade
$1,342
33%
Project Overview
Albright completed an LED lighting retrofit at a multifamily parking garage in Jersey City, cutting lighting-related operating costs by 33% with most of the project funded by utility rebates.
The project covered planning, incentive coordination, installation and closeout, all delivered by Albright.
energy savings
payback period
0.5
months
PROJECT HIGHLIGHTS
Lighting-related operating costs reduced by 33%
Most of the project funded by utility rebates
$1,342 customer out-of-pocket cost
Payback in about half a month
Turnkey delivery by Albright: audit, design, rebate paperwork, installation and closeout
KEY RESULTS
33% lower lighting operating costs; $1,342 out of pocket; payback in about half a month; project mostly funded by utility rebates.
FREQUENTLY ASKED QUESTIONS
How much did the property pay for the LED upgrade?
The customer paid $1,342 out of pocket. Utility rebates funded most of the project, and Albright managed the rebate process.
How much did the upgrade reduce lighting costs?
Lighting-related operating costs dropped by 33% after the retrofit.
How long is the payback?
About half a month, based on the out-of-pocket cost and projected annual savings.
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