Self-Storage / Mini Storage
Lighting expenses are often the single largest overhead cost for self-storage and mini-storage facilities. In addition, exterior lighting plays a significant role in the safety and security of the facility. Often the quality of lighting after dark plays a role in determining the tenant’s overall feeling of safety and security for themselves and their belongings. Self-Storage facilities can save as much as 90% while reducing their liability and improving their safety.
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Facts Box
Relumination Facts
World Impact: 20% of the electricity consumed in the world is used for lighting. LED Lighting, being 50-90% more energy efficient than traditional lighting, could reduce the world’s electricity use by 12-15%.
Inevitable Change: US federal lighting efficiency standards starting in 2012 weed out incandescent bulbs altogether. In 2012, 100-watt incandescent bulbs can no longer be made, with 75-watt bulbs phasing out in 2013, and 60- and 40-watt bulbs disappearing in 2014.
Improved Productivity: Workers report less fatigue when working long hours under LED light because of less eye strain. Studies have shown that workers can be 6-8% more productive under LED light due to less fatigue and eye strain.
Potential Tax Savings: Depending on how your purchase is financed, LED lighting upgrades could qualify as capital improvements which can be depreciated over time or as a tax-deductable straight line expense. Consult your tax advisor for potential tax savings.
Energy Rebates: Many municipalities and electricity providers sponsor Rebate Programs to encourage energy efficient lighting retrofit projects. For 2010, Salt River Project (SRP), is offering a $0.30 per watt Rebate. This means that for every 1000 watts of lighting that is saved SRP will rebate $300 of the purchase price of an LED Lighting Upgrade.
85% Energy Savings: LED lighting retrofits can offer businesses two key benefits: some fixtures can deliver up to an 85 percent energy savings and the life span of LEDs average about 50,000 hours, reports Retrofit Magazine.
Better for the Environment: LED lights are 100% recyclable. They do not contain any mercury or other harmful elements. LED lights have the smallest carbon footprint of any light source other than the sun!
