Mosaic at Steele Park
The situation: Mosaic at Steele Park apartment complex was looking for a cost-efficient lighting solution that would still deliver the level of light needed to maintain safety and security at night.
The solution: Arizona Public Service (APS) saved the company almost $17,000 in annual energy and maintenance costs retrofitting their property with energy efficient LED lighting. On top of that, utility rebates through Arizona Public Service (APS) and federal tax incentives provided DG Properties over $6,000 of the total cost of the project.
Better Lighting Means Increased Security
Properties like apartment complexes facilities require ample lighting to provide security and safety for residents and tenants throughout their property after dark. The HID Metal Halide lighting Mosaic at Steele Park were using was both an energy drain and a constant maintenance hassle because of the hard to reach lighting that needed replacement every 2-3 years. What they wanted was a lighting retrofit solution that would reduce maintenance costs, improve lighting and provide a safer more secure environment for their tenants.
What our certified EEPros Alliance member provided met their criteria, exceeded their expectations and increased the value of their property. Mosaic at Steele Park will recoup the entire cost in just 1.5 years!
Goal: Improve lighting, reduce cost and maintenance
Benefits: Increase property value, increase safety and security in order to attract and maintain tenants
Results: A cost-saving, energy-efficient retrofit lighting solution that will pay for itself in just over two years!
Job Completion Date: 2015
- Total Cost of Job: $44,478
- Total Cost of Job Less Rebate and Tax Incentives: $24,888
- Payback Period: 1.5 Years
- (202) Wall Pack Fixtures
- (2) Spot Lights
- (8) Area Lights
Cost per kWh: .11 cents
Annual kWh Reduced:
- Current: 70,649
- New: 16,796
- Reduction: 53,853
Annual Energy Cost / Savings
- Current: $10,178
- New: $2,419
- Savings per Year: $7,758
Ten Year Cost Savings (Assumes a 4% increase in energy rates per year)
- Current: $101,786
- New: $24,199
- Savings per Year: $77,588
Total Savings Energy and Maintenance Combined
- Maintenance: $9,098
- Energy: $7,758
- Total Annual Savings: $16,856
Rebates and Tax Benefits
- Rebate: $6,189
- Tax Deduction Cash Value (Based on 35% Tax Bracket): $13,401
- Total Rebate and Tax Benefits: $19,590