•Project #1:
Replace LED Exit Signs from 2x20 Incandescent to 2W LED.
•Project Facts:
–Number of Units: 500
–Estimated cost = 500 units x $25/unit = $12,500
–Average Electric Rate = $0.10 kWh
–Energy Savings per unit Replacement = 0.038 kW/unit
•Energy Savings Calculation:
–Estimated kWh Savings = 500 x 0.038 kw/unit x 8760 hrs =
166,440 kWh
–Estimated Annual Energy Savings = 166,440 kWh x $0.10/kWh
= $16,600
•Project Economics (w/o Incentives):
–Simple Payback = ($12,500/$16,600) = 9 months