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| Lighting |
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| Replace 100 HID fixtures with high intensity fluorescent in warehouse |
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| Description | Qty | watts, each |
| kw | operating hours | kwh |
| installed cost |
| 400 watt high pressure sodium high bay fixtures | 100 | 458 |
| 45.8 | 3,500 | 160,300 |
| $0 | already exists and is in working condition | 4-lamp T5HO high intensity fluorescent fixture | 100 | 254 |
| 25.4 | 3,500 | 88,900 |
| $14,500 |
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| Savings |
| 20.4 |
| 71,400 |
| $14,500 | incremental cost |
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| Annual Cost Savings | $5,112 |
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| Simple Payback | 2.8 | years |
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| Rebate calculated as 50% incremental costs | $7,250 |
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| Rebate calculated as buydown to 2-year payback | $4,276 |
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| Maximum Allowable Rebate | $4,276 |
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Custom Rebate Example #1