Lifetime Savings & Payback
Installing energy-efficient Cree LED lighting offers lifetime financial benefits in the form of lower utility bills and maintenance costs. These valuable savings also come with exceptional paybacks, proving that long lasting, high quality lighting doesn't have to come at a premium.
Efficiency / Longevity / Beauty / Payback / Energy Star / LightingFacts
Calculate Your Own Payback
Estimate the savings and payback for your own projects using the spreadsheet (.xlsx) at the link below. This tool allows you to customize costs to your specific operations while calculating up to three different lighting applications together in one project estimate.
Payback Application Examples
Estimated savings and payback for all applications are based on the operational costs and comparable product pricing found in the payback spreadsheet above. All estimations below are representative of what a business could expect operating in a similar environment using comparable products.
CONSUMER FACING SPACES |
| | Application: Hospitality
Annual operational assumptions include 24-hour daily operations for 365 days in the lobby and hallways, 3-hour daily operations for 365 days in the guest rooms, and 8-hour daily operations for 225 days in the conference rooms. Estimated Lifetime Savings: $53,362
Estimated Payback: 9 Months
Featured Products: CR6, LR4, CR22
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| | Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days. Estimated Lifetime Savings: $46,031
Estimated Payback: 3 Years
Featured Products: LR6, LRP-38, CR22
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| | Application: Grocery
Annual operational assumptions include 18-hour daily operations for 364 days. Estimated Lifetime Savings: $41,387
Estimated Payback: 18 Months
Featured Products: LR6-DR1000, LRP38-10L, CR24
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| | Application: Restaurant
Annual operational assumptions include 16-hour daily operations for 364 days. Estimated Lifetime Savings: $16,452
Estimated Payback: 2 Years
Featured Products: LR6, LBR-30, CR24
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OFFICE & CAMPUS SPACES |
| | Application: Visitor & Meeting Areas
Annual operational assumptions include 12-hour daily operations for 360 days. Estimated Lifetime Savings: $19,072
Estimated Payback: 3.5 Years
Featured Products: LR4, LBR-30, CR22
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| | Application: Office & Work Areas
Annual operational assumptions include 12-hour daily operations for 360 days. Estimated Lifetime Savings: $16,090
Estimated Payback: 3.5 Years
Featured Products: LR6-DR1000, SC6-CM, CR24
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| | Application: Exterior Spaces
Annual operational assumptions include 24-hour daily operations for 365 days. Estimated Lifetime Savings: $133,893
Estimated Payback: 4.1 Years
Featured Products: The EDGE and 304 Series Exterior Luminaires
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| | Application: Amenity Spaces
Annual operational assumptions include 12-hour daily operations for 360 days. Estimated Lifetime Savings: $29,678
Estimated Payback: 2.5 Years
Featured Products: LR6, LRP-38, CR14
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CR SERIES APPLICATIONS |
| | Application: Conference Room
Annual operational assumptions include 8-hour daily operations for 364 days. Estimated Lifetime Savings: $1,442
Estimated Payback: 3.7 Months
Featured Product: CR22
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| | Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days. Estimated Lifetime Savings: $4,631
Estimated Payback: 2.5 Months
Featured Products: CR24
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LAMP APPLICATIONS |
| | Application: Museums
Annual operational assumptions include 8-hour daily operations for 364 days. Estimated Lifetime Savings: $26,326
Estimated Payback: 3.25 Years
Featured Products: LBR-30
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| | Application: Grocery
Annual operational assumptions include 18-hour daily operations for 364 days. Estimated Lifetime Savings: $32,949
Estimated Payback: 1.3 Years
Featured Products: LRP38-10L
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| | Application: Retail
Annual operational assumptions include 12-hour daily operations for 364 days. Estimated Lifetime Savings: $95,239
Estimated Payback: 2.4 Years
Featured Products: LRP-38
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