Office/Warehouse Buildings Save Big With LED

Smarter business solutions 

One of New York City's largest commercial landlords, SL Green Realty Corp. completed their second installation last  year for a total of 24,000 LED lights in 24 buildings, and are now under way with their third phase after saving $950,000 annually with phases 1 and 2.  The first installations cost a total of $2.5 million dollars, $200,000 of which was expected to be covered by rebates and programs, with a 2.5 year payback.

Phase 3 involves over 6000 LED lights at 9 properties, and is expected to save an additional $370,000 annually.


NYC accounting giant Ernst & Young calculates they will save nearly 50% on their energy bill, saving $1 million dollars each year with their LED lighting conversion, with occupancy sensors at their 82 floor Times Square office building.  Their cost was approximately $2 million dollars, with just a 2 year payback.  They cut their demand from 6.2 million KwH to 2.9 million KwH.

REPLACING FIXTURES IS MINIMALLY DISRUPTIVE TO

OCCUPANTS/TENANT

Property management firm Steiner Development, Inc. increased tenant safety and reduced maintenance needs at a multi unit office-warehouse property they manage with improved quality of light thanks to total conversion of exterior fixtures (high pressure sodium metal halide and halogen) to LED.  They reduced KwH by 75% immediately, with an expected payback of under 3 years.