One of the few hurdles to a lighting retrofit project is the upfront costs. With an LED retrofit the ROI is clearly obvious and the payback period is short- sometimes less than one year. What holds companies back from a lighting retrofit project- the initial cost outlay. Redbird LED an Atlanta based designer and manufacturer of Premium LED Tube Lights may have the answer for you. They recently announced a new financing program they offer through their financing partner, Energy Finance, a division of RED Clay.
"Often our customers agree that an LED retrofit is a wise financial expense for their company and they want to explore methods of offsetting the upfront cost of the purchase." said Jonathan Eppstein, President of Redbird LED. One method is with rebates or tax incentives, yet another way is by spreading the purchase cost over some portion of the product's usable life. For example, a lighting improvement with a 3 year payback can be financed with a 60 month term loan, this provides a positive cash flow because the reduction in your lighting costs is greater than your monthly payment for the loan. An LED retrofit is now more compelling than ever, and this is all because a new technology is available that simply out performs traditional light sources.
For more information on financing a LED Retrofit program please visit their website www.commercialledretrofits.com or call
(678) RED-BIRD [678-733-2473]
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