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. But before making a decision on a retrofit, businesses first have to evaluate their current lighting layout and future requirements.

The U.S. Department of Energy (DOE) says seven percent of all energy consumed in the U.S. is for lighting, which is why the Obama Administration is setting energy conservation standards for certain types of fluorescent lamps and incandescent reflector lamps, and is investing $346 million in energy-efficient building technologies.

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