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5 Advantages Of Installing Commercial Lighting Retrofit

Companies get charged enormous amounts of money on their utility bills for maintaining their lighting every month. An excellent long-term so...




Companies get charged enormous amounts of money on their utility bills for maintaining their lighting every month. An excellent long-term solution for bringing down your monthly costs are considering a commercial lighting retrofit for your building. Companies with office buildings or warehouses can significantly benefit from having these structures retrofitted instead of manually maintaining a conventional lighting system.


Benefits Of A Commercial Lighting Retrofit That May Assist You With Making The Change


1. Environmentally Friendly

When it comes to the environment less of everything is always better. By having a LED retrofit installed, you can generate less energy consumption, having less mercury pollution flowing into our precious oceans, rivers and lakes, fewer maintenance requirements and less waste being dumped at landfills.

LED energy-saving lights last a lot longer than conventional light bulbs, and they use 25-80% less energy. This way you can keep your building well-lit without accruing more damage to the environment.

2. Improved Safety

Not only are you harvesting the benefits of less energy usage and lower utility bills every month, but also improving the overall safety around the premises. A well-lit building can prevent accidents or unfavourable incidents due to poor lighting conditions or fall risk with having to change light bulbs.

3. Extended Savings

By contacting an electrician Tampa to assist you with upgrading the facility with a more eco-friendly and energy-efficient lighting solution, the financial advantage of such an investment can reward you with a high return on investment which will continue over the years with the amount of money you’ll save on utility bills.

4. Economic Advantages

To mention a few, tax incentives, federal tax deductions and utility rebates are great economic benefits at the disposal of owners that chose to install sustainable lighting in their newly constructed buildings or otherwise under renovation. Another advantage that business owners can qualify for is bonus depreciation in the event of their lighting assets having a life expectancy of twenty years or less. Also, rebates are granted for businesses that have energy-efficient lighting installed.

When a property undertakes renovation projects such as adding a new HVAC system or new lighting, the old systems are deserted for accounting purposes. This means that your net book value of the asset will be written off as a loss (taken as a tax deduction) and this deduction can allot notable benefit to the property owner.

When you’re considering all the economic benefits of having a commercial lighting retrofit installed, it is certainly an investment worth considering.

5. Increasing your asset value

There is an immense amount of savings to be enjoyed including the potential of increasing your asset value, as structures or properties with eco-friendly or energy-saving fixtures are looked upon more favourably by investors or buyers.

When a property undertakes renovation projects such as adding a new HVAC system or new lighting, the old systems are deserted for accounting purposes. This means that your net book value of the asset will be written off as a loss (taken as a tax deduction) and this deduction can allot notable benefit to the property owner.