Results 1 to 4 of 4

Thread: Lighting retrofit

  1. #1
    Join Date
    Aug 2012
    Location
    RI
    Posts
    77

    Lighting retrofit

    Are lighting retrofits profitable? I keep hearing how we are not making any money doing them but yet we keep bidding them....
    .....Still just happy to be here.....

  2. #2
    Join Date
    Jun 2016
    Location
    Tampa, FL, USA
    Posts
    933
    I bid them at my normal labor rate so they are just as profitable as any other work I do. However, they are hard to get because they are expensive to do. Most clients realize the pay back period is too long.

  3. #3
    Join Date
    May 2017
    Location
    Yuma, az USA
    Posts
    1
    It depends on what you are retrofitting. I did 450ea. MR-16/ 50 watt halogens with 7 watt (I think) Cree led MR-16's and the ROI was @ 5 months and the rebate paid $10.00 per bulb and at that time, about 2.5 years ago, that was half of the cost. I just looked before this post and the power company is still offering $10 per bulb up to 75% of Ttl. job costs and the bulbs have dropped significantly in price. I am and end user so I get the "price shock" that most folks have , but in many cases the ROI is worth it.

  4. #4
    Join Date
    Dec 2007
    Location
    NE Nebraska
    Posts
    33,063
    Quote Originally Posted by Todd Allen View Post
    It depends on what you are retrofitting. I did 450ea. MR-16/ 50 watt halogens with 7 watt (I think) Cree led MR-16's and the ROI was @ 5 months and the rebate paid $10.00 per bulb and at that time, about 2.5 years ago, that was half of the cost. I just looked before this post and the power company is still offering $10 per bulb up to 75% of Ttl. job costs and the bulbs have dropped significantly in price. I am and end user so I get the "price shock" that most folks have , but in many cases the ROI is worth it.
    OP is asking if there is any profit in being the contractor that does the retrofits.

    Yes prices may be high to the end user, but whether it is a $100, $1K, or $1M project, your final sale price must be more then your costs or you still lose money.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •