Overview
In 2019 Ideal Energy completed a detailed lighting audit for a large portion of Riverview Health inCrookston, MN. The 70th largest Non-Profit in MN decided to complete an LED retrofit of fixturesthat were on 24 hours a day seven days a week. The payback on the project was just over 7 months. The rebate from the Utility covered over 57% of the project cost. Ideal Energy handled everything from the audit through install, recycling and rebate filings.
before
Annual Savings*
|$32,966
Project Facts
- Annual Displaced Energy: 387,840 KWh Eliminated
- Incentives: $27,109.20 Utility Rebate
- ROI (Return on Investment): 7.3 Month Payback 164% Internal Rate of Return
Details
By switching to LED they eliminated 605,952lbs. of Green House Gas Emissions from the environment which is equal to removing 59.2 passenger vehicles from the road.
- Eliminated 755 ballasts, which further reduced maintenance costs
- A longer LED lifespan means less product in landfills
- LED lights are Non-Toxic unlike fluorescent lamps that contain mercury