LED Saving Solutions is a an LED lighting company that offers a savings share <http://www.ledsavingsolutions.com/retrofits/savings-share> program where a company could switch to more energy efficient LED lighting at no ($0) investment and start saving on an average of 80% off the lighting bill from day 1. Under this savings share program LED Saving Solutions fronts the cost for the bulbs and retrofit and then shares the savings so that the program is cash-flow positive right from day one – we also do the more standard programs so you can realize all the savings yourself and the payback on a standard program is approximately 2 years depending on how long the lights are on for each day.
We have a range of LED lighting options ranging from Compact Fluorescent tube replacements that are ideal for the office and on the manufacturing floor, to Halogen, Incandescent and the larger parking lot/ distribution center lighting replacements, all bulbs carry an industry leading 7 year replacement guarantee so there is zero risk (no capital for retrofit and the 7 year bulb replacement guarantee).
As an example, each fluorescent office bay of tubes (typ. 2′ x 4′) uses about $100 of electricity each year if they run from 9 AM to 5 PM. The latest generation of LED tubes only uses approximately $30 of electricity for the same lighting bay each year. For every 100 lighting bays that adds up to approximately $7,000 of annual savings. The 70% energy savings is dramatic, and it is enhanced by the fact that the bulbs last for at least 80,000 hours (over 25 years at the typical 2,000 hours per year). By comparison the fluorescent bulbs only last for 15,000-20,000 hours. The reduced maintenance costs of having to replace the bulbs and ballasts (since there are none on the LED lights) boost your lighting savings beyond 80%.
On top of the obvious electricity savings, there are additional benefits such as the possibility of tax incentives up to $0.60 per square foot (www.lightingtaxdeduction.org/tax_deduction.html <http://www.lightingtaxdeduction.org/tax_deduction.html> ), reduced HVAC load due to reduced heat output, there is no electric ballast so no more flickering lights or that annoying hum, for each $1 saved in electricity – 13lbs of CO2 is abated, and the LED lights are 100% recyclable with 0% mercury in them.
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