Energy cost savings of 50% or more with project payback typically under 2 years
Example Project Economics
Project Overview
Area (square feet)
Cost per kWH
Annual Operation hours
69,000
$0.09
5,200
Financials
Annual kWH
Annual Energy Costs
Annual Maintenance Costs
Annual Total Costs
Project Cost
Utility Rebate
Out of Pocket Costs
Tax Incentive
Net Cost
Current
264,100
$23,800
$1,800
$25,600
After Retrofitting
122,700
$11,000
$0
$11,000
($37,000)
$10,000
($27,000)
$13,000
($14,000)
Payback Analysis
Annual Energy Savings
Payback (Years)
Return on Investment (ROI)
Five Year Energy Cash Flow
$14,600
0.96
104%
$59,000