The pressure on reducing energy, maintenance and operating costs continues to increase so that climate change and budget objectives can be met. Understanding the total costs of a lighting installation over it’s life, is becoming increasingly important as budgets become tighter, and long term planning is required.
Here at Connected Light we have developed a tool that can accurately calculate the point at which a new lighting installation or upgrade will start paying you back financially. Our Cost of Ownership tool™ takes into account details such as the price you pay for electricity, the cost of maintaining existing systems against new ones, and government levys and carbon charges. We also incorporate government grants and funding into reducing the cost of new systems.