Lake Mead
358 W Lake Mead Pkwy, Henderson, NV 89015, USA
Hello
We took a closer look at your property and noticed a bright opportunity — literally. Your exterior lighting still runs on older fixtures that could be costing thousands in wasted energy. Here’s what your site could save with a modern LED upgrade.
Opportunity
Upgrading the exterior lighting across the Lake Mead portfolio will create a brighter, safer, and more welcoming environment for shoppers and tenants while driving measurable cost savings. The LED retrofit reduces nearly 900,000 kWh in annual energy use, delivering over $128,000 in yearly savings and enhancing property appearance, visibility, and overall asset value across each retail site.
01
Enhanced Curb Appeal
02
Lower Operating Costs
03
Long-Term Property Value
Brighter, uniform lighting enhances storefront visibility and creates a more welcoming shopping experience.
LED fixtures reduce both energy and maintenance expenses, saving over $128,000 annually while minimizing service disruptions.
Lower emissions strengthen long-term value and supports sustainability goals that appeal to national retail tenants.
Rate Analysis
Electricity costs are trending upward, with NV Energy rates projected to rise about 3% annually - increasing from $0.11 to roughly $0.13 per kWh over the next five years.
current energy rate
$
0.11
per kWh
projected energy rate
$
0.13
per kWh
Historical Rate Increase (2019-2024)
Projected Rate Increase (2025-2030)
NV Energy’s electricity rates have risen steadily in recent years as the utility upgrades grid infrastructure and invests in renewable generation. While Nevada remains below the national average for power costs, southern markets like Henderson have experienced modest rate growth of about 2–3% annually, reflecting broader regional energy trends.
NV Energy’s rates are projected to continue rising as the utility expands renewable generation and strengthens grid reliability across southern Nevada. A conservative 3% annual increase would raise costs from $0.11 to approximately $0.13 per kWh within five years, highlighting how efficiency upgrades help mitigate future energy cost increases.