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Top five areas with highest LED lighting G-ROI® payback in less than 2 years:
- Covered Parking Garages -24/7 (168 hours/week)
- Fire Stair Towers & Lobbies for Offices, Hotels, and Multi-Family Residential -24/7 (168 hours/week)
- High Bays for F actories, Distribution Centers, Warehouses, Gymnasiums -16/5 to 24/5 (80 to 120 hours/week)
- Restaurants, Country Clubs, Auto Dealerships, Showrooms, etc. Incandescent or Halogen Replacements for 10/5 to 16/5 (50 to 80)
- Wall Packs for service corridors and exterior lighting - 10/5 to 24/7 (50 to 168): Interior and Exterior
Figure 8: Cost/kWh by State
Source: LEDSavingSolutions.com from U.S. Dept. of Energy data
Source: LEDSavingSolutions.com from U.S. Dept. of Energy data
Types of lamps that yield the highest G-ROI® with an LED lighting retrofit:
- Incandescent, halogen, or HID (Metal Halide/ Mercury Vapor)
- T-12 fluorescent tubes of any length
- T-8 fluorescent tubes of any length
- T5s, quad pin CFL , Induction
Payback Horizon
Three key factors typically determine the payback of commercial lighting:
- Run time of the lights in the property, 10 hours a day vs. 24/7
- Level of inefficiency of existing bulbs, T-12 fluorescent, CFL, etc.
- Cost per kWh, 6 cents up to 23 cents
Bonus Factors
- Federal Tax incentive eligibility
- Utility rebate eligibility
G-ROI® Note
Research conclusion: Commercial LED lighting offers at least a 50% G-ROI® and a payback within two years if at least two of key criteria are met:
- High run time
- High cost per kWh
- Inefficient existing lamps