Financing Your LED Purchase Often our customers agree that an LED retrofit is a wise financial expense for their company and they want to explore methods of offsetting the upfront cost of the purchase. One method is with rebates or tax incentives, yet another way is by spreading the purchase cost over some portion of the product's usable life. For example, a lighting improvement with a 3 year payback can be financed with a 60 month term loan, this provides a positive cash flow because the reduction in your lighting costs is greater than your monthly payment for the loan. An LED retrofit is now more compelling than ever, and this is all because a new technology is available that simply out performs traditional light sources. RedBird works with the company Energy Finance, which is a division of RedClay, and provides them details of your project cost and anticipated savings as calculated by our engineers.
Applying is easy and we welcome an opportunity to discuss the details. A typical finance will provide 100% of the LED purchase price plus the origination fee; applying usually requires the following: 1. Credit application- with credit authorization release signed by company principals. Energy Finance is a completely separate entity from RedBird LED, and we do not profit from fees or paid interest when you finance a purchase with them. Energy Finance works with several quality vendors of energy efficient products and provides this service only on products that meet their standards of quality and long-term durability. Energy Finance One of our customers purchased $30,600 of four foot 20 Watt LED tube lights; they saved $880/month on electricity, and had only a $690/month loan payment. |
Parking garage lighting is one of the largest expenses that owners face.
Parking garages are usually lighted 24 hours a day, seven days a week or 8,760 hours per year. Replacing the fluorescent lighting in your garage with a newer technology- LED Tube Lighting will provide dramatic savings.
Parking garage owners across the country have realized dramatic energy savings by retrofitting their lighting to LED Tube lighting
Why retrofit to LED Tube Lights?
Reduces energy consumption between 30 and 60% over conventional lighting
LED Tube lights will only need to be replaced once every 10 years reducing maintenance and recycling costs
LED Tube lights contain no mercury or other harmful toxic ingredients
Provides high quality- uniform lighting coverage reducing glare and dark spots
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