THE PROPERTY: 550 WESTMOUNT
Located on Westmount Road in a park like setting, this property offers seniors a quite repreve within the west end of Kitchener, Ontario. Close to numerous parks, shoping, public transportation and within a few blocks of Kitchener's Westmount Golf & Country Club.
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 $ | $27,334.00 |
Financial Incentive (save-ON-energy) | $12,064.00 |
Residential Education Program Incentive (save-ON-energy) |
$1,206.40 |
Net Project Cost | $15,270.00 |
Payback | 1.18 |
ROI | 84% |
Annual (Perpetual) Savings | $12,894.00 |
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!