Have you ever wanted to switch to LED but are worried about the cost you’ll incur? No worries!
The South Australian government has recently changed their Retail Energy Productivity Scheme Subsidy (REPS) to help upgrade old, inefficient lighting to LED for SA-based businesses. The program has been revised to cater to large energy users and mixed-use sites alike which means more businesses are now eligible to use this scheme.
This will be a significant help to reduce the cost for businesses as the subsidy will cover between 50 – 80% of the supply and installation costs of the new LED fittings, depending on existing fitting and building type.
Moreover, this program will give a high ROI for businesses looking to switch their lighting to LED as LED typically uses around 70% less energy than traditional lighting. Coupled with large subsidies, most payback periods are under 12 months. Not only will the upgrades have a high impact, but you’ll also experience a short payback and improvements in both lowering carbon emissions and improving working conditions.
Below are some examples of savings across different site types.
Large manufacturing site:
|Pre-subsidy upgrade cost||$180,446.74|
|Value of discount||($137,430.55)|
|Residual cost to pay||$43,016.19|
|Payback period||9 months|
Large warehouse with a small office:
|Pre-subsidy upgrade cost||$134,315.84|
|Value of discount||($111,618.34)|
|Residual cost to pay||$22,697.51|
|Payback period||5 months|
Medium car repair centre:
|Pre-subsidy upgrade cost||$16,266.98|
|Value of discount||($11,920.83)|
|Residual cost to pay||$4,346.15|
|Payback period||7 months|
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- Assessed and installed by our team of experts in the field. All services are approved by the Clean Energy Council.
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If you’re interested, UNIfied Energy can offer you an assessment by our accredited lighting auditor and provide your business with an energy savings proposal with no charge or obligation to sign up.
But, remember, act fast! Because they are using certificate-based payment and there are only limited certificates in the market, so grab them now while it lasts.
Contact us to know if your business is eligible!
Call: 1300 817 847
For more information about the Subsidies, visit https://www.escosa.sa.gov.au/industry/reps/overview#