LED lighting technology has been evolving rapidly, and all LED light bulbs are not created equal.  Navigating the myriad of information, suppliers, and differences between efficiency products is increasingly challenging.  URS serves as your independent LED expert to support design requirements, procure the right products, manage logistics and fulfillment, and provide the highest level of customer satisfaction throughout the entire process.

For the past 12+ years, URS has been the leading utility expert delivering increased utility NOI and value to owners’ multifamily, commercial, military, hospitality and affordable portfolios. Now, URS brings you a fully-managed LED Lighting Service that generates further value.

    Turnkey Solutions
    National Installation Capabilities
    No Upfront Cost Option Available

URS was asked by a large student housing owner to evalute during the due dilligence process before they purchased a high-rise project in downtown Chicago.
 

CASE STUDY: LED UPGRADE PROJECT FOR COMMON AREA AND IN UNIT STUDENT HOUSING PROPERTY




                                                                            LED Cost Includes Labor

Estimated Total Material Cost and Labor  
Total Material 688,207
Total Labor 396,035
Total Cost of Project (Pre‐Rebate) $1,084,242
Rebate $(16,907)
Total Cost of Project $1,067,335
Annual Operating Savings  
Lighting Energy Savings 131,353
HVAC Energy Savings 13,062
Maintenance Savings (Includes Lamp/Ballast Savings) 74,039
Total Annual Operating Savings $218,454

 

Energy Comparison    
Current Annual Usage (kWh) Proposed Annual Usage Annual Usage Reduction
2,941,845 1,378,675 1,563,170
Current Annual Cost Proposed Annual Cost Annual Cost Reduction
$247,202 $115,850 $131,353

                                                53% Savings on Lighting Energy Use

Return On Investment Labor Excluded Labor Included
Payback (In Years) 3.1 4.9
Return On Investment % 33% 20%

Year 1 Asset Value Add: $4,369,071
5‐Year Hold Value Add: $5,461,339
10‐Year Hold Value Add: $6,553,607
20‐Year Hold Value Add: $8,738,143

Cutting down on energy costs and controlling energy consumption is a priority for all owners. Switching to LED lighting conserves cash flow and delivers on both of these objectives. The greatest barrier to implementing LED lighting solutions is budget constraints and upfront costs. "Pay through Savings" overcomes this budget dilemma by providing savings in energy without any upfront investment from the customer.  Owners can use the savings realized from LED lighting retrofit projects to pay for the upgrades over a period of time.

  • We perform lighting audits, select appropriate products, manage installation - saving our clients from the bid process, selecting and managing installation vendor and dealing with subcontractors.
  • We secure rebates and handle warranty replacements.
  • We manage all aspects of project logistics so our clients don't have to provide or allocate project management resources.
URS serves as your independent LED expert to support design requirements, procure the right products, manage logistics and fulfillment, and provide the highest level of customer satisfaction throughout the entire process. The cost of waiting far exceeds the investment, and rebates are often available to further lower your cost. Contact us today!