Energy/Utility operating expenses

[Nick Maugeri]

I’ve transitioned into working at an LED retrofit company for my W2 job. We primarily operate in the Central Valley of CA, but the savings that our customers are seeing is so relevant to investing that I had to share.

A synopsis is that many utility companies offer rebates for changing to LED fixtures by saving KwH. We apply this instant savings to the entire job cost - which includes material, installation, and administrative services for facilitating the rebate. Often times, the out of pocket expenses for the customer are minimal, depends on the scope of work, and a 100% ROI is often realized in 6-7 months.

Obviously, after those months pass the profits from the energy savings you experience are 100% realized income.

If you want more info about these savings that the large car dealerships, large parking lots, and commercial real estate owners are experiencing - send me a message.

Even if you don’t, I recommend finding a lighting retrofit company near you and getting a free consultation to see how much you can save on operating expenses. As an investor, it is truly a no brainer.