Commercial Space
The Challenge and the Opportunity
Commercial buildings represent over 80 billion square feet of space in the United States and consume 36% of all electricity making them one of the largest generators of Greenhouse gases in the world. With studies showing over 36% of energy usage being wasted and lighting representing up to 30% of a typical building’s energy usage, an energy efficient lighting retrofit can represent one of the best ways for a building owner or manager to reduce costs. In fact, for a property management company, a well executed lighting retrofit that reduces energy usage by 60% can raise NOI (Net Operating Income) by up to 3% while also improving property values and attractiveness to potential clients.
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Fixtures
