LIGHTING THE PATH
to Savings By Parker Allen
FRANK AUSTIN, LC
A significant percentage of lighting projects, if not a majority, fail to move forward because of financial issues. Many building owners can’t justify the upfront cost on a project, even though it will improve their lighting and save them money in the long run. To win more of these jobs, lighting contractors must find a way to make their bids palatable to their clients, who expect a reasonable payback period if they are to proceed with the project. The mathematics involved in determining a payback period are relatively straightforward. A very simplified formula would be:
Utilizing Tax Deductions for Efficient Lighting Solutions 16