Wednesday February 18, 2015

-
You may be eligible for incentives and rebates.
Some states and special programs offer cash-back incentives to offset some of the expenditures you make to enhance your building’s energy efficiency – and lighting can be a big part of that. Professional property managers will be able to point you in the direction of programs that are a good fit for your community association.
-
Your building actually becomes safer.
It’s no secret that good lighting deters crime. Advanced lighting comes with other benefits, including more light output and diminished flickering that enhance the security of your building. On a lighter note, high-efficient lighting is also available in improved colors that create a more welcoming effect.
-
You’re helping the planet.
So here’s where you can think outside the building. High-efficiency lighting uses less energy, of course. That means power companies use less coal and fuel to generate the electricity we use. With that comes lowered emissions – and that means overall environmental benefits for all of us.
-
You’ll save money.
Like we said earlier, the sticker price on some of those bulbs may shock you a little bit. But when you factor in their longer lifetimes and lower electricity requirements, you’ll see how you’ll enjoy significant savings over time. A good property management company will be able to help you find a solution that balances initial investment with long-term savings.
-
You’ll see your property value go up.
Energy Star, the government program that certifies high-efficiency products, has conducted research that indicates that for every dollar invested in a property’s energy efficiency, its value could increase threefold. So don’t think of high-efficiency lighting as an expense – consider it an investment. There certainly are a lot of bright sides when it comes to a lighting retrofit. For more information about high-efficiency changes that can save you money, contact FirstService Residential, North America’s leader in community association management.