Payback

Lifetime Savings & Payback

Installing energy-efficient Cree LED lighting offers lifetime financial benefits in the form of lower utility bills and maintenance costs. These valuable savings also come with exceptional paybacks, proving that long lasting, high quality lighting doesn't have to come at a premium.

Calculate Your Own Payback

Estimate the savings and payback for your own projects using the spreadsheet (.xlsx) at the link below. This tool allows you to customize costs to your specific operations while calculating up to three different lighting applications together in one project estimate.

Payback Calculator 


Payback Application Examples

Estimated savings and payback for all applications are based on the operational costs and comparable product pricing found in the payback spreadsheet above. All estimations below are representative of what a business could expect operating in a similar environment using comparable products.

 

CONSUMER FACING SPACES

Hotel

Application: Hospitality
Annual operational assumptions include 24-hour daily operations for 365 days
in the lobby and hallways, 3-hour daily operations for 365 days in the
guest rooms, and 8-hour daily operations for 225 days in the conference rooms.

Estimated Lifetime Savings: $53,362
Estimated Payback: 9 Months
Featured Products: CR6, LR4, CR22
Download PDF >

Retail

Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days.

Estimated Lifetime Savings: $46,031
Estimated Payback: 3 Years
Featured Products: LR6, LRP-38, CR22
Download PDF >

Grocery

Application: Grocery
Annual operational assumptions include 18-hour daily operations for 364 days.

Estimated Lifetime Savings: $41,387
Estimated Payback: 18 Months
Featured Products: LR6-DR1000, LRP38-10L, CR24
Download PDF >

Restaurant

Application: Restaurant
Annual operational assumptions include 16-hour daily operations for 364 days.

Estimated Lifetime Savings: $16,452
Estimated Payback: 2 Years
Featured Products: LR6, LBR-30, CR24
Download PDF >

OFFICE & CAMPUS SPACES

Visitor

Application: Visitor & Meeting Areas
Annual operational assumptions include 12-hour daily operations for 360 days.

Estimated Lifetime Savings: $19,072
Estimated Payback: 3.5 Years
Featured Products: LR4, LBR-30, CR22
Download PDF >

Work

Application: Office & Work Areas
Annual operational assumptions include 12-hour daily operations for 360 days.

Estimated Lifetime Savings: $16,090
Estimated Payback: 3.5 Years
Featured Products: LR6-DR1000, SC6-CM, CR24
Download PDF >

Outdoor

Application: Exterior Spaces
Annual operational assumptions include 24-hour daily operations for 365 days.

Estimated Lifetime Savings: $133,893
Estimated Payback: 4.1 Years
Featured Products: The EDGE and 304 Series Exterior Luminaires
Download PDF >

Amenities

Application: Amenity Spaces
Annual operational assumptions include 12-hour daily operations for 360 days.

Estimated Lifetime Savings: $29,678
Estimated Payback: 2.5 Years
Featured Products: LR6, LRP-38, CR14
Download PDF >

CR SERIES APPLICATIONS

CR Series Office

Application: Conference Room
Annual operational assumptions include 8-hour daily operations for 364 days.

Estimated Lifetime Savings: $1,442
Estimated Payback: 3.7 Months
Featured Product: CR22
Download PDF >

CR Series Retail

Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days.

Estimated Lifetime Savings: $4,631
Estimated Payback: 2.5 Months
Featured Products: CR24
Download PDF >

LAMP APPLICATIONS

Lamps - Museum

Application: Museums
Annual operational assumptions include 8-hour daily operations for 364 days.

Estimated Lifetime Savings: $26,326
Estimated Payback: 3.25 Years
Featured Products: LBR-30
Download PDF >

Lamps - Grocery

Application: Grocery
Annual operational assumptions include 18-hour daily operations for 364 days.

Estimated Lifetime Savings: $32,949
Estimated Payback: 1.3 Years
Featured Products: LRP38-10L
Download PDF >

Lamps - Retail

Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days.

Estimated Lifetime Savings: $95,239
Estimated Payback: 2.4 Years
Featured Products: LRP-38
Download PDF >

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