Do you know about all of the tax deductions and utility rebates available for businesses undergoing lighting retrofits?
“Retrofit” is not a new concept in the world of energy-efficient lighting but it sure seems to be the hottest buzz word in energy efficiency, and for good reason. Businesses across the world are revamping their lighting systems and saving millions of dollars as a result. Just in the restaurant industry; McDonald’s, Burger King, Red Robin, IHOP, Chili’s, Starbucks, and Applebee’s have all initiated or completed LED retrofit projects.
The opportunity to improve efficiency, reduce energy consumption, save on power bills, and cut replacement & maintenance costs is up for grabs for anyone that can afford to front the initial investment.
However, that initial investment is not such a staggering figure, thanks to government incentives. Read on for an overview of some of the available options.