Sydney

markets

Category | Retail

Client | Sydney Markets

Total Cost of project | $1,170,000

Fixtures | 2,000

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All quoted outcomes are relevant at time of the project.

63,000 square meters

Parramatta Rd, Homebush

Established to serve as the primary distribution hub for fresh produce and other food products in Sydney, the Sydney Markets, a crucial component of the city's supply chain, has roots tracing back to 1788. In a transformative project spearheaded by LEDsafe, Sydney Markets underwent a significant lighting upgrade, aimed at reducing energy usage, emissions, and operational costs.

With a total investment of $1,170,000 covering 2,000 fixtures, the initiative replaced outdated lighting with advanced LED solutions, resulting in substantial annual savings of $724,464 and highlighting LEDsafe's commitment to sustainable innovation.

The outcomes of LEDsafe's project at Sydney Markets are notably impressive, with annual energy and maintenance savings reaching $551,744, translating into $5,517,440 over a decade. The project's strategic investment in LED technology not only promises a significant reduction in energy consumption but also achieves a rapid payback period of just 2.12 years, underscoring LEDsafe's effective blend of sustainability and financial wisdom in lighting solutions.

Details

• Annual energy savings = $471,744
• Annual energy & maintenance savings = $551,744
• 10 Year energy savings = $4,717,440
• 10 Year energy & maintenance savings = $5,517,440
• Simple Payback including installation costs = 2.12 yrs
• Undertake procurement analysis from
our range of Australian manufacturers
to ensure best current market factors
re-pricing/quality/warranty/supply
chain reliability.
• Consider environmental statements from manufacturers, including work place 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 $280,000

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