What’s a reasonable payback for a lighting project that reduces our energy costs?

Many of the metrics business owners and managers use to evaluate lighting and energy reduction projects, fail to take into consideration their “real” return on investment. One of the rules of thumb commonly used by decision-makers is the “maximum 2-year simple payback” rule. For whatever reason, people think an investment that takes more than two years to pay for itself is a waste of time.

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