Watts saved per year: 499,320
Simple payback: 3.28 years
Annual energy costs: $867.24
New annual energy costs: $208.08
Utility and Maintenance dollars saved: $720.76 annually
This does not include the additional savings through installation of motion sensors and wireless controlled RF devices.
This assumes a utility rebate of $70 per fixture, but does not include additional savings with the tax deduction provided via the Energy Policy act of 2005. Due to the absence of Infrared Light, additional cost savings will be realized by saving watts from lessening the load on cooling compressors. 'From every watt reduced in a freezer case, the compressor works less - saving about .45 watts. This factor brings the payback to 2.26 years. Other benefits include reduced glare and wider light distribution. This allows products within the caseline to stand out more than the use of fluorescent. Lastly, CooLED products are better for the environment – no glass, no rust, no mercury, no UV or IR light.