LED Lighting Retrofit Provides Ernst & Young With Annual Savings of $1 MIllion

Ernst & Young recently completed  one  of the largest LED lighting retrofit projects in New York Cty by replacing less energy efficient ligting at its headquarters office building in Times Square.The Ernst & Young headquarters building is 32 floors with 650,000 square feet of office space and houses 5,800 employees.  It is estimated that Ernst& Young will reduce their lighting and mainteance costs by 50% and will save at least $1 million dollars per year in lighting energy costs.The LED lighting retrofit is just one example of Ernst & Young's commitment to reducing their environmental impact. They have set a goal to have 50% of the office space they occupy in 2013 be LEED certfied.

"Reducing the carbon footprint of our office space is part of our firm-wide strategy to reduce our environmental footprint as our business grows," says Leisha John, Ernst & Young Americas Director of Environmental Sustainability. "In fact, by the end of 2013, we plan to have a majority of our employees working in LEED and or Energy Star certified space. The completion of this lighting retrofit project in the New York office brings us one step closer to that goal, and will be part of that office’s Energy Star application.In addition to reducing our energy footprint, green technologies like LED help us to reduce our operating expenses, which is a best practice for any company," said John. "This project is the result of the collaboration between several infrastructure groups within Ernst & Young LLP, particularly the Facilities and Real Estate teams, and the Climate Change and Sustainability Services professionals, who advise clients on sustainability practices."

The firm was able to reduce their upfront installation costs by 13% through sourcing rebates from their Utility Company. For more information on available energy efficient rebate  programs through DesignLights Consortium members please visit www.redbirdled.com