How Much Does a Retrofit Cost?
“How much is my lighting project going to cost?” is the question we hear most often. Lighting project designers can tell you the costs of fixtures, lamps, labor, and a whole host of other items that go into a lighting retrofit project; however, it is very difficult to give an ‘average price’ because the factors vary so widely from project to project.
WHAT ARE THE PRIMARY FACTORS IMPACTING THE PRICE OF A RETROFIT PROJECT?
FACTOR 1: YOUR FACILITY
Your building size, structure, hours of operation, your existing electrical service and even your industry can impact the cost of a lighting project.
The second factor in building your new lighting system is your existing lighting system and your operational requirements. The three main points about your current lighting system that can impact cost are:
- the condition of your current fixtures
- the amount of light you want or are required to have
- your future business processes
FACTOR 3: YOUR GOALS
Your goals should be the project priority, whether you were approached by a lighting consultant, were given a directive to do a lighting project from up the ladder, or researched energy-efficiency and learned that upgraded lighting can be a simple, immediate way to reduce operating costs and have a positive environmental impact. Each is an important factor in the success of a lighting project. Consider which are most important to you.
FACTOR 4: OTHER PROJECT VARIABLES
Your facility, your existing lighting system, your needs, and your project goals are all factors in the cost of a lighting retrofit; a few more tangible factors also come into play.
For more detailed information on each of these cost factors, download our ebook today!
Our best advice to anyone comparing multiple lighting project quotes...
from multiple vendors is to be sure you are comparing apples to apples. The best way to ensure you are comparing projects that will perform the same, is to start with an Investment Grade Audit. With an Investment Grade Audit, you will receive all of the information on what you are purchasing, how it is expected to perform compared to your existing technology, and the savings you can expect to see, all packaged into a turn-key solution that you can make a reality.