Industry Trends

Saving Money Long Term with LED Retrofits

3 min read

Are you looking for ways to save money on your energy bills? LED retrofits, or retrofitting lighting, can be a cost-effective solution. It can not only reduce your energy consumption but also save you money in the long run.

Let’s explore the benefits of LED retrofits and provide tips on how to save money with this sustainable lighting solution.

What is Retrofitting?

Retrofitting is the process of upgrading or replacing existing lighting fixtures with more energy-efficient options. This can include replacing traditional incandescent or fluorescent bulbs with LED lights, or upgrading to more efficient fixtures. From residential homes to commercial buildings, retrofitting offers many benefits. This can include both cost savings and reduced environmental impact. 

Benefits of Retrofitting
multiple orange lights hanging down from ceiling, all in different shades of orange and yellow
Retrofitting refers to the process of updating existing infrastructure with modern, energy-efficient technology. 
Source: Malcolm Lightbody 

There are several benefits to retrofitting your lighting, including:

Reduced energy consumption: Retrofitting to LED lights can reduce your energy consumption by 20% to 50%. This translates to substantial reductions in utility bills over time.

Longer lifespan: LED lights have a longer lifespan compared to traditional bulbs. This means you’ll save money on replacement costs in the long run.

Improved lighting quality: LED lights provide brighter and more consistent lighting. This makes it easier to see and work in your space.

Lower maintenance costs: With a longer lifespan and more durable design, LED lights require less maintenance and replacement. This results in cost savings.

Sustainable lighting: Retrofitting to LED lights is a more sustainable lighting solution. LED lights help reduce your carbon footprint and contribute to a greener environment.

Return on Investment (ROI): The ROI for retrofitting projects can be impressive. According to a study by the American Council for an Energy-Efficient Economy (ACEEE), making energy-efficient upgrades in commercial buildings usually brings back 10% to 40% of the investment.

dark street with multiple street lights lit up
Benefits to retrofitting include reduced energy consumption, lower maintenance costs, and improved lighting quality.
Source: LightingINC
How to Save Money with Retrofitting

Retrofitting plays a main role in combating climate change and reducing carbon emissions.The International Energy Agency (IEA) says that buildings use about 40% of the world’s energy and produce around 33% of greenhouse gas emissions. By retrofitting existing structures to be more energy-efficient, we can significantly mitigate this impact.

Choose the Right Lighting Retrofit

When it comes to retrofitting, it’s important to choose the right lighting solution for your space. Consider factors such as the type of lighting you need (e.g. high bay, recessed, etc.), the size of your space, and your budget.

For example, if you’re looking to retrofit high bay lighting, consider investing in high bay LED lights. These lights are specifically designed for high ceilings and provide bright, energy-efficient lighting for large spaces.

picture of office building showing lighting differences with left side saying before and having warm lighting and the right side saying after with cool lighting
It is important to choose the right lighting retrofit that works best for your business.
Source: Straits Lighting
Consider the Total Cost of Ownership

Retrofitting can be costly. But it’s important to look beyond the initial investment and consider the total cost of ownership. This includes factors such as energy savings, maintenance costs, and replacement costs.

While LED bulbs may have a higher upfront cost, they have a longer lifespan and lower energy consumption. This can result in significant cost savings over time.

Rogers Electric Retrofitting

Retrofitting may seem like a simple task. But it’s important to consult with a professional before making any changes to your lighting. A professional can assess your space and provide recommendations for the most cost-effective and efficient retrofitting options.

Rogers Electric has skilled project managers and lighting technicians who can handle relamps and retrofits for lighting systems of any size or complexity. Our team does the work themselves, providing dependable service to all our customers. You’ll have one dedicated contact person to handle any issues during your lighting retrofit. We strive to make Rogers your top choice for a hassle-free solution.

Conclusion

Retrofitting is a cost-effective solution for businesses of all sizes and industries. It can help you save money on your energy bills and contribute to a more sustainable environment. This is regardless if you’re a small retail store or a large industrial facility, 

By choosing the right lighting retrofit, taking advantage of rebates and incentives, and planning for future retrofits, you can achieve significant cost savings and contribute to a greener environment.

Check out our lighting services here at Rogers Electric. We can help determine the best retrofitting options for your space and start saving money with sustainable lighting today.