What Senior Finance Executives Need to Know about Keeping the Lights On

As senior finance executives seek opportunities to increase the bottom line, they may be overlooking what's right in front of them

As senior finance executives seek opportunities to increase the bottom line, they may be overlooking what's right in front of them: the costs of keeping the lights on.

According to research from the Department of Energy, lighting accounts for 20% of total commercial energy expenses, which in turn typically represents more than one third of a total electric bill. By retrofitting offices with LED in place of conventional lighting, your organization can reduce its electric bills by up to 85%. Moreover, because LED bulbs last up to 20 times longer than incandescent light bulbs and fixtures, the use of LED lighting can significantly lower maintenance and replacement costs.

During this Webcast, we will reveal what senior finance executives need to know about:


  • How to evaluate the costs of conventional lighting,

  • How to gauge the potential payback of installing LED lighting and

  • How LED lighting can contribute to increasing the value of your buildings and the productivity of your workforce.

About the Speaker

Christiana Parisien

Webcast Producer Intern at CFO

CFO

Christiana Parisien's LinkedIn page

CFO.com offers daily stories geared specifically for finance executives. Coverage includes original reporting on new accounting standards, recent capital-raisings, risk management, and professional career development. The site also features proprietary benchmarking tools and calculators, plus a full set of related directories, special reports, and buyer’s guides. In addition, CFO.com provides complete online editions of CFO magazine.
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