SONO EAST APARTMENTS/GREYSTAR MANAGEMENTGreystar Management
Situation: Verde worked with Greystar management to find a significant amount of savings potential in their luxury apartment high rise, SoNo East, utilizing rebates available through ComEd’s Standard Program as well as the ComEd Instant Discount Program.
Problem: Outdated lighting in the common areas as well as the garage were large energy drainers. They also provided less-than sufficient lighting.
Solution: Common areas were updated from T8s to TLEDs, but the biggest energy saver was swapping out 124 150W Metal Halides in their garage to LED flood lights.
Result: LED lighting resulted in brighter lighting than their old setup, a bright, white color, decreased energy consumption, and brighter, more secure parking garages. The total project cost was $27,649.52 with an incentives rebate of $9,616. SoNo East saved 226,157.57 kWh annually as well as $20,354.18 in costs per year. The return on investment was calculated at 1.4 years.
Breakdown
Building Type | Apartment highrise |
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Total Project Cost | $27,649.52 |
Incentives Rebate | $9,616.00 |
Reduction in Energy Consumption | $20,354.18 saved annually 226,157.57 kWh |
Return on Investment | 1.4 years |