08 exhibition street

Category | Commercial

Client | GPT

Total Cost of project | $207,899

Fixtures | 1,215

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All quoted outcomes are relevant at time of the project.

44,500 square meters

27 stories

Exhibition Street, Melbourne

Nestled in the architectural grandeur of Melbourne's CBD, 8 Exhibition Street has emerged as a leader in sustainable operation, thanks to a collaborative venture with LEDsafe. With an investment of $207,899 to retrofit 1,215 lighting fixtures, LEDsafe meticulously crafted a solution that reduced the building's energy usage, emissions, and costs. Transitioning from a mix of T5 fluorescent battens, Tungsten Halogen downlights, High Pressure Sodium, compact fluorescent downlights, and Metal Halide to high-efficiency LED lighting, the initiative now accrues annual savings of $10,750, a beacon of fiscal and environmental stewardship in the commercial epicenter of Melbourne.

Imagery and footage Sourced from 8 Exhibition St

The strategic lighting overhaul at 8 Exhibition Street manifests in a significant downturn in both energy consumption and maintenance demands. The annual energy savings have soared to $33,763.89, while the combined savings on energy and maintenance reach a remarkable $93,763.89 each year. Looking ahead over the next decade, the cumulative energy savings are projected to touch $337,639.90, with overall savings, including maintenance, estimated at $937,638.90. This project, with its installation costs factored in, promises a swift payback under three years, cementing its status as a prudent, sustainable investment.

Details

• Annual energy savings = $33,763.89
• Annual energy & maintenance savings combined = $93,763.89
• 10 Year energy savings = $337,639.90
• 10 Year energy & maintenance savings = $937,638.90
• Simple Payback including installation costs = 2.21yrs
• Undertake procurement analysis from our range of Australian manufacturers to ensure the best current market factors for pricing, quality, warranty, and supply chain reliability.
• Consider environmental statements from manufacturers, including workplace standards.
• Ensure efficient recycling of obsolete lighting involving best practice protocols via Nationally accredited waste management services.
• Maximise Government Incentive Schemes where possible to assist with Cap Ex.
Rebate: $23,088

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