After SmartWatt proposed their value-engineered LED lighting retrofit using top-of-the-line Albeo fixtures, we knew we'd found the right project--the IRR was 35.2% and it'll pay for itself in just 1.6 years.
Ballston Lake, NY (PRWEB) February 21, 2011
United States Cold Storage, Inc. (USCS), an integral link in America’s food supply chain for more than a century, provides refrigerated storage and distribution services to the food service industry. At their Tracy, CA, facility--an ultramodern cold storage distribution center specially designed for the storage and distribution of all types of agricultural and fully manufactured frozen and refrigerated goods—USCS has made a smart, money saving decision to retain an energy audit by SmartWatt Energy, Inc. The comprehensive proposal prepared by SmartWatt recommended replacing all of the lighting in their cold storage room with new, energy efficient LED lighting from Albeo Technologies, Inc.
“As part of our company-wide sustainability program, we conducted an IRR analysis of various supply side energy savings options—wind, solar, etc.—and none of them made financial sense. The paybacks were just too long,” said Danny Dietrich, Project Engineer for USCS. “After SmartWatt proposed their value engineered LED lighting retrofit using top of the line Albeo fixtures, we knew we’d found the right project—the IRR was 35.2% and it’ll pay for itself in just 1.6 years.”
The new Albeo LED lighting, installed by SmartWatt, will save 541,000 kWh of electricity per year. The project came with a utility incentive from PG&E of $69,222 & an EPAct 2005 tax deduction of $117,619, which SmartWatt facilitated as part of their turnkey service. This energy saving project has removed pollutants from the air and will have the same effect on the environment as planting 83 acres of trees, making this project both smart and green.
ABOUT SMARTWATT ENERGY, INC.
SmartWatt Energy, Inc. is a leading nationwide provider of turnkey energy efficiency solutions. We are dedicated to lowering business’ operational costs through demand-side energy reduction strategies. SmartWatt provides whole building energy assessments and implements lighting retrofits, variable frequency drives and control system enhancements to help commercial, industrial, government and utility customers meet their sustainability goals. Our energy efficiency services include construction grade energy audits, value engineered designs, self-performed installations, utility incentive procurement, facilitation of EPAct 2005 tax deductions and maintenance support.
ABOUT ALBEO TECHNOLOGIES, INC.
Albeo Technologies, Inc. manufactures high quality, long-lasting LED lighting products for commercial and industrial facilities. Albeo has won 10 independently-judged product and company awards including 5 from the US Department of Energy (DOE). Albeo's C-Series, Surface Mount, and S-Series sealed fixtures are designed for general lighting applications. Other products include T8LED Conversion Kits and T8LED Troffers for retail, office and school lighting. Details for the entire product line are available on Albeo's website at http://www.albeotech.com.
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