THE PROPERTY: 191 SILVERCREEK
Located in the downtown core of Guelph ON, this property is minutes from hwy 6 access to 401. Silvercreek offer convenient access to Guelph's two main arteries; Hanlon Parkway and Wellington Street West.
PRE-RETROFIT LIGHTING ENVIRONMENT
This property offered an opportunity to significantly lower utility/electrical costs within the common areas and insuite units. Existing fixtures included incandescent lamps including exit signs, and T12 linear fluorescent fixtures with magnetic ballasts. Note: Retrofit did not incorporate underground parking.
CUSTOMERS OBJECTIVES
THE RETROFIT SOLUTION / SCOPE OF WORK
Features | Summary |
Total Project Cost $ | $12,072.00 |
Financial Incentive (save-ON-energy) | $5,962.00 |
Residential Education Program Incentive (save-ON-energy) |
$596.20 |
Net Project Cost | $6,110.00 |
Payback | 0.87 |
ROI | 115% |
Annual (Perpetual) Savings | $7,027.00 |
Josh Silber offered praise on the professionalism of the MultiLogic Team for getting the installation done with minimal disruption to the tenants and overall; "doing a great job".
Mr. Silber said he is anxiously awaiting his new lower energy costs!