Drone aerial view of parking lots with cars at night. Crowded shopping mall car park.

Outdoor Mall Finds Huge Savings Through Retrofit

Over 75% Savings On Electric Costs

Retail LED Retrofit

Real Estate Company Saves $200k Annually

A Real Estate company that has many retail properties needed a solution. One of their assets was located in one of the highest cost energy markets in the U.S. With fixed hours of operations, this group needed to identify energy cost savings solutions that would drive down their escalating energy bills. They were also interested in any improvements that would help increase foot traffic during evening hours to help increase store revenue.

They turned to the STS team to engineer a solution that would not only reduce cost, but would improve their customer experience while increasing safety during evening hours. STS was able to audit and engineer a solution that checked all boxes, as well as improve the visual esthetics of the property. The LED retrofit provided a substantial reduction on costs with a rapid return on investment.

 

Book Store Cafe
Book Store Cafe
Pretty young woman with smartphone in hands and shopping trolley in the underground parking of shopping mall. Portrait of female shopper with shopping cart
Seller in the coffee store
Walking in night streets
cropped image of smiling multicultural businessmen shaking hands in office
Pretty young woman with smartphone in hands and shopping trolley in the underground parking of shopping mall. Portrait of female shopper with shopping cart

The Need

This retail property needed a partner that could design an efficient solution to combat rising electric costs.

Seller in the coffee store

The Project

STS provided a complete retrofit of the interior and exterior lighting that increased comfort, and safety along with significant energy savings.

Walking in night streets

The Results

•$200k in annual savings
•ROI of 15 months
•76% reduction on electric bill
•$30k in rebates to offset costs

cropped image of smiling multicultural businessmen shaking hands in office

The Conclusion

With over $200k in annual savings realized, this organization worked with STS to find similar solutions at their other locations.

Find Out how

STS Can Help Your Organization

Contact one of our efficiency specialists to start your path towards budgetary cost savings and energy independence