Electronic Products Inc.

Situation:

Electronic Products, wanted to aesthetically improve its building while saving energy. Patriot Energy Group partnered with Energy Source to conduct a no-cost energy audit and found that the facility had outdated, inefficient lighting. The existing lighting was also costly, contributing to about $21,000 of their total annual electric bill.

Solution:

The upgrade improved the overall appearance of the production floor and office spaces, creating a brighter, more productive environment. From an energy savings standpoint, Electronic Products will reduce their annual lighting cost by about 70%, from $21,000 to $5,500. As part of the project, Energy Source also was able to secure a utility incentive on Electronic Product’s behalf. As a result, the utility paid for 70% of this project. We were also able to offer a cash flow positive project at 24 months – 0% financing, preventing the facility from using any upfront capital.

Note: Any case studies, testimonials, examples, and illustrations cannot guarantee that the user will achieve similar results. In fact, your results may vary significantly and are based on factors and circumstances particular to each individual client. Patriot Energy Group does not warrant, represent, or guarantee any particular results or savings as a result of choosing a particular electricity supply procurement strategy. Each potential client should consult with their Patriot Energy Group representative and the referred vendors before making a decision on whether to purchase services from vendors of energy-related services.

Project Details:

 

23,000

Utility Incentive ($)

 

0.8

Payback

 

1,150

Monthly Savings ($)

 

0%

24 Month Financing

 

Lighting Upgrade Benefits:

  • Improved lighting quality
  • Environmentally friendly
  • Long lifespan
  • Low maintenance

 

Annual Lighting Cost


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