This retailer contacted us in regards to upgrading their lighting in order to reduce their running costs.
The existing lighting was at least 7 years old and employed T8 switch start fluorescent fittings. Due to the age of the fittings the client was spending more and more each year on maintenance and replacement fittings.
There were significant savings to be made and the exmple below outlines the starting running costs against the cost of new fittings and installation costs.
Also, for this project, the client wanted us to make alterations to the ceiling to incorporate the new fittings and remove the existing fittings and lamps.
The client had a new looking store with higher lighting levels lights that consistently work all of the time with no maintenance costs for five years and no flickering lights.
A total saving of £36,000 on electricity costs was made for an an install cost of just £7,200. This added up to a total saving of £29,800.
The client also reduced their carbon emissions by 110.781 tonnes over the five year period.
The client also took the option on the ECA fitting and so will be able to claim tax relief as well at the end of their year financial year bringing further savings.
As a result of the success of the install and the savings made, the client is now looking at updating other locations
|Comparisson Title||Existing T8 Fittings vs LED Panels|
|Total Running Hours /Yr||3328||hours|
|Unit Cost of Electricity||£0.14|
|Projected energy price rise /yr||7.00||%|
|Cost of Lighting upgrade by Chancery Contracts||£7,230.00|
**not accounting for installation cost or electricity cost increase**
|Switch St||LED||£ saved||% Saved|
|Electricity Cost / Year||£6,570.03||1,678.13||£4,891.90||74.46%|
|Running Cost / Year||£7,930.03||1,728.13||6,201.90||78.21%|
FIVE YEARLY ANALYSIS
** accounting for fitting installationcost**
|Switch St||LED||£s saved||% Saved|
|5 Yearly Maintainance Cost||6,800.00||250.00||6,550.00||96.32%|
|Total Running Cost 5 YEAR||47,227.31||10,576.01||36,651.31||77.61%|
** accounting for fitting installation cost**
|Install cost accounted for||£7,230.00|
|Compound 5 Yearly Saving||£29,421.31|
|Carbon Footprint reduction in over 5 year period||101.49 Tons|
|Payback Period accounting for Install cost||11.84 Months|
Chancery Contracts Ltd lighting upgrade evaluation summary:
Carbon footprint saving figures are based on electrical usage difference multiplied by the average amount of carbon produced whilst generating 1 kw/h of electricity ** Figures from Defra - 2007
Chancery Contracts works with both commercial and domestic clients on new builds, or on re-fits. If you would like to know more about our energy efficiency services please get in touch.