You want to change your property’s common area lighting to quality, state-of-the-art LED lighting but don’t want to pay the high cost of LED products. You know the LED lights will last much longer, require no maintenance, saves energy and provides great illumination but you remember buying the large screen TV for $10,000 and you refuse to be a sucker again!
uSave LED has a program that you and your tenants will love. Doesn’t matter if your leases are triple net, gross or full service, everyone gets a benefit from this program. Let’s use the following assumptions:
Cost of LED project: $100,000 products and installation
Current lighting electric bill: $50,000 per year
We offer established companies 100% financing at attractive interest rates. These loans are non-recourse and generate positive cash flow from day #1. The cost of your debt service will be less than your electric bill savings.
By making the change to LED lighting, your current lighting electric bill will reduce 60-85%. Let’s assume it reduces 70% to $15,000 per year (we calculate this for you in a detailed proposal). You then will finance the purchase of your LED lighting project at an interest rate (typically 6-12%) of 8% over a five year amortization period. Your annual debt service payments will be $24,332.
$50,000 Current lighting electric bill
(15,000) New lighting electric bill
(24,332) Project debt service (disappears after 5 years!)
$10,668 POSITIVE CASH FLOW
Your CAM charges for lighting electric were $50,000 and now are $39,332.
THE RESULTS ARE IN
TENANTS: WINNER! They are a happy group because the property has new bright white safe LED lighting and their CAM expenses just reduced.
LANDLORD: WINNER! They are happy because the tenants are paying to have the property upgraded at no cost to the Landlord. Quality LED lighting is a huge step towards LEED certification, helps retain tenants, attracts new tenants, increases the property value, less maintenance, saves money, energy and the earth.
uSave LED monitors and arranges financing along with governmental incentive and rebate programs to benefit their commercial customers.
Call the Experts, Start the Savings.