1 September There's profit in your socket September 1, 2015By Action Lighting La modernisation de l’éclairage business, energy, profit, retrofit, savings, DEL, Lighting 0 Every industry has to deal with price erosion, increased costs, or both, at one time or another. If you can’t find a way to sell your product or service for more than it costs you to provide it, your business will likely fail. Smart companies in this situation cut waste and come out leaner and stronger because of it. Unfortunately, many companies struggle to find enough places to cut without going through the painful (and damaging) process of reducing product quality or letting go of essential staff. Despite clasping hands and gazing to the sky for guidance, one place business leaders often fail to look is right there in the ceiling. On average, lighting accounts for nearly 40 percent of a Canadian business’s electricity use. (Source: SaskPower). Taking a chunk out of fixed costs is challenging, but energy savings on lighting are there to be had and most provincial utilities have programs that can make the initial investment extremely low, even free. No-brainer ROI and payback As equipment upgrades go, investing in a lighting retrofit to switch to LED or another suitable technology, such as high efficiency fluorescents, is about as painless as it gets. It's also a win-win when you can save money while offering a better product or service. Improved lighting can lead to increased productivity in offices, warehouses and industrial applications. It also improves the appearance of products and the rooms they are in; a critical element for the survival of retail and hospitality businesses. Thankfully, advanced lighting options also come with lower energy bills. The new lighting options positively affect product and service quality, while also shaving dollars off expenses. If those reasons aren’t enough to make you pick up the phone and make the switch, payback times are also getting shorter and, thanks to government incentives, some are achieved in under a year. More profit on every sale Decreasing fixed costs for businesses means more profit on every sale. Energy efficient lighting is a great way to lower costs. And it can be done most effectively with a knowledgeable lighting distributor who has access to the broadest range of lighting products and dedicated people who will ensure your needs are met. Useful Links: Action Lighting’s incentives and programs page. The following tools are available from our suppliers to determine whether a lighting retrofit can help your bottom line: GE Lighting Simple Energy Comparison Calculator OSRAM SYLVANIA App Map Philips Lighting Eco Calculator Related Posts Welcome to the new and improved ActionLighting.ca We at Action Lighting are thrilled to start 2015 with the launch of our brand new website. The team has worked hard to develop a site that is welcoming, modern, and easy to use. After just a few minutes of browsing around, you’ll have a pretty good idea of who we are and what we’re all about. But we’re far from finished! Our site will keep growing, as Action Lighting grows. Watch this space for industry news, original articles, new lighting products and more. We are committed to staying on top of the latest information and being your expert resource for lighting across Canada. We have also planned other exciting features which we are sure you will find useful. Stay tuned. But that’s not all! We are proud to introduce the addition of Nadir Electric Ltd. (formerly Nadir Fluorescent Ltd.) to the Action Lighting family. Nadir Electric has been serving the lighting maintenance and retrofit needs of Canadian businesses for nearly fifty years. Their energy expertise and service capabilities make the Action Lighting group a full-service lighting supplier and installer. Check out Nadir’s brand new website at www.nadirelectric.ca. We hope you will enjoy our new website and we look forward to hearing from you soon. JoAnn McKeownCOO, Action Lighting Ltd. Comment (0) Comments are closed.