The Tennessee Valley Authority (TVA)Recently Improved Cash Incentives For Energy Efficient Upgrades.
What Are The Benefits Of Upgrading To T5 Lighting?
The Tennessee Valley Authority (TVA) has recently reconfigured and ramped up it's energy efficiency incentives program in an effort to make people more aware of the need to upgrade your lighting. Let's take a look at the incentives and how much free money is available to help business owners make improvements to their facilities.
Why upgrade to T5 lighting?
The obvious response is....to save money! I wrote an article back in February titled, "Energy Efficient Lighting:400 Watt Metal Halide vs. T-5 High Bay". The article is the most popular one on our site because people know that Metal Halides are energy hogs.
T5 Fluorescent TVA Incentives:
Let's take a look at dollar amounts offered for this category and the lighting it would replace.
Existing Fixture= 250 Watt Metal Halide
Replace with 3 lamp T5 fixture = $36.00 ea.
Replace with 4 lamp T5 fixture = $20.00 ea.
Existing = 400 Watt Metal Halide
Replace with 6 lamp T5 fixture = $36.00 ea.
Replace with 4 lamp T5 fixture = $72.00 ea.
**It should be noted that there is a max wattage limit that the replacement fixtures must be under, but from past experience they seem to be very achievable.**
How Do You Know If It Makes "Cents"?
Obviously the bigger fixture you replace and take out of service the more money you will receive. While it may not seem like much money let's look at a very common real world set up and see.
For example, a 50,000 sq. ft. manufacturing facility has (120) 400W metal halide fixtures. Now lets switch them all out with 4 lamp T5 fixtures. I chose the 4 lamp because in my opinion they are the best selection in a 1 for 1 replacement situation to achieve maintained or better lighting levels.
120 fixt. X $72 per fixt. rebate = $8,640.00 dollars, in free money you do not pay back. This is on top of reducing your lighting costs by 50% and federal tax incentives!
How Do You Get Started?
Own a business and are wondering where to go? You can start by visiting the TVA website here. Hovey Electric has recently partnered with Coffman Lighting a TVA Lighting Supplier, in Elkton, KY to provide energy efficient upgrades to your facility. You can contact us for a FREE site review to determine if you would qualify for incentives.
Want To Learn More About Energy Efficient Lighting?
Download our FREE E-book titled "Business Owners Guide to Energy Efficiency-Lighting Solutions" to learn about ALL of the benefits a lighting upgrade can bring to your business or facility.