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Car Dealership has a 15 month return on investment – How much can your #Dealership #SAVE

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Car Dealer’s waste money everyday on Lighting up their Lots

It is not Rocket Science for a car dealership to know they have to light their lots to sell cars and that it cost them a lot to do so.  Car Dealers are huge consumers of electricity due to the nature of the business hours and the stage they have to work on – THE LOT.

In the past years I have worked on saving schools substantial amounts of capital by providing cost efficient lighting solutions. Now I am focused on the business I grew up in as a child – THE AUTO INDUSTRY.

So far every Auto Dealer that I have personally visited has had the same end result for their lighting return on investment – AMAZING.

THE SAVINGS

Let’s take a look at a recent car dealers LED lighting proposal highlights. Our upgrade is a NEW LED Shoe Box designed to replace existing car dealers parking and inventory lot lighting. This is not a cheap retrofit kit. They have CREE chips with a Mean Well driver, which are among the best in the world. So we are talking about a quality LED lighting fixture that is UL and DLC listed, which qualify’s you for your rebates.

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BEYOND CAPITAL SAVINGS

Of course energy saving with a good return on investments are key in our products success, but please do not over look the benefit of having maintenance free LED lighting that shows off your products to the customer.
Beyond the aesthetics’s, LED lighting provides cleaner video footage for security cameras and the brighter light induces more productivity in employees, which is why many hospitals and universities have switched over.

REBATES IN ILLINOIS – TIME SENSITIVE

When we put together our proposals we always understate the rebate since the amount rebate is beyond our control and when the rebate funds are depleted they are gone. After our clients agree to terms and finalize the procurement of goods we immediately pre-authorize the end users rebates with the assistance of local Electrical Contractors. Currently, we have .50 cents per watt reduction in rebate provided by ComEd (see attached snap shot), but the rebate only exists while funds are available so timing is key to hit the metrics used in our “Return on Investment” (ROI).

In this example we found that the rebate estimates is $1854 higher than what we used in our proposal. The way we see it, our client is pretty happy that we over delivered by job completion by not only providing a great product but the received more money back than anticipated.

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HIGH BAY - Dealer Lot
LED PARKING LOT LIGHTING  – LED SHOE BOX

 

As there are many variables involved putting together the efficiency measures for each proposal the information gathered comes directly from our clients. Every dealership is different and we feel we can hit a payback for most outdoor lighting upgrades in less than 24 months with our LED lighting technology.

For more details contact Dave Rozek at 630.290.1319

or email us at sales@m-lites.com

 

 

 

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17 Billion Dollars of Lighting upgrades are needed in the USA

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LED lighting is gaining traction in commercial retrofits in Chicago

At M Lite Solution in Wauconda, Illinois we are shipping out every LED Retrofit we can assemble, and now we have a slew of New Distributors wanting our products Nationally. This shows great traction for the LED Lighting business here in Chicago, which is fantastic news for a growing company like ours. Our LED products are brighter, last longer, and more cost effective than competitive products in the past years.

Dr. Hasan and Manny Lin assembling our Led Light Bars
Dr. Hasan and Manny Lin assembling our Led Light Bars in Wauconda, IL.

Our recent success is fueled by the creativity of local inventor Dave Rozek, and the combination of Dr. Hasan (formally of Tellabs), and Manny Lin (Professor to China’s Best Engineers).  With the recent addition of Michael Lin, an Engineer with a flare for quality control, and the ability to work hands on with Electrical Contractors, M Lite is positioned for years of growth.

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A recent LED High Bay Retrofit at Chicago Motor Cars

After reviewing the growing LED Market, M Lite is faced the task of looking to manufacture our LED retrofit kits here in Illinois in order to meet the demand of our clients. We are firmly committed to Job Creation here in Chicago, and with 17 Billion Dollars of operational commercial saving waiting for us, we are a few investors or grants away from fulfilling our visions and making them a reality.

Why is the Market so Strong for LED Retrofit Solutions?

If we consider both short and long-term energy and maintenance savings, the impact of LED lighting retrofit projects on the building market has show us how upgrading to efficient lighting give commercial building owners a 60 to 80 percent savings. Not to mention a safer work environment with more efficient employees or students due to the increase of more blue light emitted from LED Lighting. In factories and grocery stores our LED lighting does not normally attract bugs, or flies, which is a proactive action being made by many retailers. A few of the largest retailers to act on these environmentally friendly lighting upgrades are retail chains Walmart and Walgreens.

LED Lighting make customers more active
LED Lighting makes customers more active shoppers

In the LED Lighting market our Retrofit solutions make it easy for major retailers like Walmart and Walgreens to make the switch to more responsible lighting, because they are built to be quickly installed which allows for minimal or zero disturbance in daily business operations. Plus, M Lites LED products are maintenance free during the duration of our warranty. Many major companies have tried to compete in the retrofit arena, but most can not perform and maintain the strong return on investment our M Lite products optimally perform at.

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Cost of waiting: Maintenance improvement or Capital Investment?

Such project’s like the one above should be classified for business owners as capital improvement that will increase the market value of the property. By doing an LED upgrade it is common place to see great annual savings that can provide a cash infusion to any consumer of electricity from outdated electrical fixtures that are found in almost every business we venture into. The Cost of waiting chart is based on 100 units being upgraded with a Return on Investment within 2 years.

Through proven leadership, M-Lite remains in the forefront of the design, engineering, manufacturing, and distribution of LED lighting technology. We will grow every day as Chicago continues to led the Nation in Green Buildings.

M-Lite LED Panel and Troffer Solution
M-Lite LED Panel and Troffer Solution