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Lighting retrofits are one of the fastest and most reliable ways to reduce energy costs in commercial buildings. Whether you are a contractor offering retrofit services or a building owner evaluating the potential return, understanding how to calculate ROI (Return on Investment) helps you make informed decisions. This guide reviews the key formulas you will need and walks through a real-world example of a 20,000 sq ft warehouse with 2,000 sq ft of office space, showing exactly how to estimate sa …

Growth. It’s what powers an industry to profitability. Precision-Paragon [P2], one of the country’s leading lighting manufacturers for commercial and industrial buildings, recently completed its annual “State of the Lighting Industry” survey on lighting industry trends. Industry growth was robust, as expected. One of the most exciting lighting industry updates reported was that 67 percent of lighting industry experts experienced either moderate or substantial growth in 2012. While this lightin …