As you understand how each step of the KLS “Lighting Optimization” process delivers value and creates a foundation for the next step, you will see the cumulative value-creation power of implementing the entire process.
Results generated from implementation of the “Lighting Optimization” process deliver value and results at every level of the income statement:
- Energy – Through a combination of more energy efficient products and control strategies the energy usage associated with lighting can reduced by up to 50%
- Greenhouse Gas (GHG) Emissions – When a facility reduces electricity demand from its’ providing utility, GHG emissions are reduced; often meeting 1-3 years of internal GHG reduction goals
- Rebates & Tax Deductions – Many utilities offer rebates for use of energy efficient products and energy savings, while local, state and federal governments provide tax incentives for meeting energy efficiency standards
- Maintenance – Longer lasting products that cost less per operating hour, generate both product and labor related maintenance savings
- HVAC – More efficient lighting systems run cooler and therefore provide a net HVAC savings
- Working Capital – Lighting SKU Reduction and Extended Maintenance schedules reduce the working capital requirements for lighting inventory
- Procurement – Effective Supply Chain Solutions can drive lower lighting acquisition costs, including both product and administrative costs
- Productivity – Whether measured in the factory or on the sales floor, improved lighting quality has proven to improve productivity
- Compliance Costs – Improved visibility and use of environmentally friendly products lower safety and environmental compliance costs