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Lighting Retrofits Offset Energy Rate Increases

Posted by Christina B. Farnsworth

Jun 5, 2014 1:54:00 PM

LED Track Lighting

Low-heat LED track lighting provides the “Pop” and contrast ratio of high-intensity halogens with the efficiency, low-heat and low- maintenance cost of an LED.

Precision-Paragon (P2) recommends that businesses undertake lighting retrofits before expected five percent electricity-price increases take effect.P2 bases its recommendations on the April 8th EIA Short-Term Energy and Summer Fuels OutlookExpectations are average electricity costs will increase more than five percent from from 2013 to 2015.

“A five-percent increase might not seem significant at first glance,” said P2 vice president and general manager Joe Martin. But when you one applies that amount to large-scale commercial electricity users, it can mean many thousands of thousands of dollars every year in added costs.”

“For more than 20 years, our company has been making products that help businesses around the country cut energy consumption and save money,” said Martin. “In addition to immediate savings, performing an energy-efficient lighting retrofit now can help insulate business owners from future energy price increases.”

As energy prices increase, so do the cost-savings associated with an energy-efficient lighting retrofit. A typical energy-efficient lighting retrofit performed using P2 fixtures can cut energy consumption by 40% or more. 

Low wattage flood light

Low wattage LED flood

The EIA report also notes that expected energy costs vary regionally throughout the country. While a 5.1% increase in commercial energy costs is expected across the country, some regions could experience more drastic increases brought about by regional weather extremes or other factors.

 

LED Retail Track Head, Low Heat Stage/Studio Light

The TSG LED Retail Track Head system provides the "Pop" and contrast ratio of high-intensity halogens and halides, along with the efficiency, low heat and low maintenance costs that can only be delivered by a LED lighting fixture.

LED Retail Track Head, Low Heat Stage/Studio Light

The TSG LED Retail Track Head system provides the "Pop" and contrast ratio of high-intensity halogens and halides, along with the efficiency, low heat and low maintenance costs that can only be delivered by a LED fixture.

LED Retail Track Head, Low Heat Stage/Studio Light

The TSG LED Retail Track Head system provides the "Pop" and contrast ratio of high-intensity halogens and halides, along with the efficiency, low heat and low maintenance costs that can only be delivered by a LED fixture.

Click here for more LED options. See how LEDs beautify an interior at the VISION House Los Angeles here.  

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