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.
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 Cost of Project (Pre‐Rebate)||$1,084,242|
|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|
|Current Annual Usage (kWh)||Proposed Annual Usage||Annual Usage Reduction|
|Current Annual Cost||Proposed Annual Cost||Annual Cost Reduction|
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.