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COST SAVINGS WITH LED LIGHTING

COST SAVINGS WITH LED LIGHTING
DID YOU KNOW?

LED lighting is up to 80% more efficient than traditional lighting such as fluorescent and incandescent lights?  95% of the energy in LEDs is converted into light and only 5% is wasted as heat.  Compared that to fluorescent lights which convert 95% of energy to heat and only 5% into light! LED lights also draw much less power than traditional lighting; a typical 84-watt fluorescent can be replaced by a 36-watt LED to give the same level of light.  Less energy use reduces the demand from power plants and decreases greenhouse gas emissions.  See photo on the right for a side by side comparison.
CODES & CITY REQUIREMENTS
It is important to know the exterior lighting codes and requirements in your city.  Cities that realize the importance of this simple step to energy savings are being proactive by outlining specifics on what can be used.  Color and output/brightness are two of the biggest factors.
City of Bloomington Requirements:  https://www.bloomingtonmn.gov/sites/default/files/52u_exterior_light.pdf
CONSIDER ALL THE FACTORS
Do we need to replace the entire fixture or just the “bulb”?  There are many companies out there that will provide you with a free lighting audit showing you the big savings of re-lamping fixtures and all.  Make sure you are considering ALL the factors:

Do we have the correct existing fixtures/watts?
Are the usage hours correct/close to your actual facilities hours?
Can you retrofit your current fixtures?

Plug and Play Ballasted LED – swaps out existing linear fluorescent T8 or T5 LED tubes.
Direct Wire LED Tubes– no ballast maintenance needed.
Plug and Play Ballast Bypass – Upgrade by simply changing out the lamp.  No electrician cost for the rewiring of the fixture.  No voltage issues at the socket, and reduced overall maintenance.

There’s a lot to consider before changing out lighting.  Make sure you spend the time finding the right fit for your facility.  Some cities may require consumers to re-lamp outdoor fixtures to LED over the next few years.  To the contrary, it may be surprising to hear that some cities, Excelsior, for example, prohibits them.  With the reduction in energy it seems irresponsible not to consider moving to LED.
 
For More Information About
Property Management, Contact:
Lisa Borene | Vice President
Property Management Division
(952) 746-1897
lborene@paramountre.com

Lisa Borene Promoted to VP of Property Management


Lisa Borene Promoted to VP of Property Management
MINNEAPOLIS, MN.  Paramount Real Estate Corp | TCN Worldwide promotes Lisa Borene to Vice President of Property Management Services.  Lisa is responsible for providing asset and property management services for the Paramount property management portfolio.  Paramount management services include third party management of office, industrial, retail and flex properties. Also receivership services throughout the Twin Cities area.
“Lisa is highly respected and trusted by our property owners for her responsive and creative problem solving, understanding of critical operational issues, and sound real estate advice.  She is a valued member of the Paramount team”, Principal Fred Hedberg said.
Lisa has been with Paramount as a Property Manager for 10 years.  Her property management efforts focus on providing exceptional service to tenants, contract negotiations, and budgeting, as well as implementing and improving tenant customer services.
Lisa has had an extensive career in commercial real estate.  Prior to working at Paramount, Lisa’s employment history was Regis Corporation and Caribou Coffee managing lease locations across the country.  Lisa brings years of experience, creativity, property knowledge, and a “can do” attitude to her tenants and property owners making her one of the Twin Cities’ premier property managers.
Paramount Real Estate Corporation is a Minneapolis/St. Paul based commercial real estate company specializing in representation, consultation, and property management services for individuals, corporations and institutional clients. Paramount provides creative solutions to complex commercial real estate transactions through knowledge, experience and innovation.