NEW
LIGHTING,
without
the cost.
No Capex LED lighting upgrades paid back directly on your Electric Bill
Take advantage of lighting upgrades at your property with GoGreen Financing administered by the State of California.
Here’s how it works:
STEP 1:
LED Solutions Provides an Audit & Design to Enhance Your Property
STEP 2:
LED Solutions Delivers a Turnkey Proposal and Photometric with On-Bill Financing
STEP 3:
LED Solutions Installs the Project
STEP 4:
SoCal Edison, PG&E, or SDG&E adds a line item to your power bill for low monthly payments
Net Outcome: Enhanced Lighting, No Capex, and Immediate Savings to this Portion of your CAM
The CHEEF and a series of energy efficiency financing pilot programs were authorized by CPUC and developed in collaboration with the investor-owned utilities:
On-Bill Financing:
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Instead of paying a large upfront cost for your new, energy-efficient LED lighting, the expense is added directly to your existing monthly electric bill.
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This allows you to spread the cost out over time, making it much more manageable.
Passing Through CAM Costs:
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Because in many commercial properties, tenants are responsible for a portion of the building's operating expenses, this lighting upgrade cost is then passed through to them.
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Specifically, the added cost on your electric bill is allocated to your tenants as part of their Common Area Maintenance (CAM) charges.
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This means that the cost of your lighting upgrade is essentially covered by your tenants, while you enjoy the benefits of improved lighting and energy efficiency.
ELECTRICITY
BILL
ELECTRICITY
BILL
ON-BILL
REPAYMENT
OLD
NEW
ALL PAID
BY YOUR TENANTS
ON THEIR UTILITY BILL
Chris Patterson
Market President | Los Angeles
Chris Patterson, Market President in Los Angeles, is passionate about empowering local businesses through sustainable solutions. At LED Solutions, Chris delivers cutting-edge LED lighting strategies that help clients in the LA area significantly reduce energy costs, enhance their facility's appeal, and minimize their environmental impact. His dedication to providing tailored, energy-efficient solutions ensures businesses in Los Angeles thrive while contributing to a greener community.
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