The ongoing challenge for facility managers and business owners is to balance upfront costs of building improvements, such as lighting controls or energy saving window film, with the project’s potential long-term savings. In the same manner as CFL lighting, there are potential savings with the investment in window film. Business results can be seen almost immediately with ROI payback in as short as three years.
Almost as Easy as Changing a Light Bulb
As most facility managers and business owners know, lighting makes up close to 35% of the energy consumed in commercial buildings in the United States. However, lighting is also perhaps the most common energy-savings upgrade, because it can be as simple as changing to compact fluorescent light bulbs or installing more comprehensive lighting systems for optimization.
However, most don’t know that the ROI on improvements, such as upgrading lighting systems to fluorescents, is strikingly similar to that of energy saving window film. Lighting improvements provide payback in an average of 2.3 years, and commercial window tint delivers typical payback in 3 years or less with a similar, modest initial investment.
Small Investment, Long-Term Savings
Adding a high-technology film to existing windows is a proven way to reduce the amount of energy lost through windows – and with quick, hassle free, professional installation, building tenants will experience minimal disruption.
A smart alternative to window replacement, energy saving window films help control overall operating costs, balance building temperatures and reduce the load on HVAC systems, which in turn prolongs HVAC life.
As an added benefit, many utility companies offer rebates specific to window films that cover as much as 50% of installation costs, greatly increasing the speed of ROI. (If your utility company doesn’t list window films specifically, they may still be eligible for Custom Measures rebates which can offset installation costs by as much as 30%.)
If you are considering ways to lower monthly overhead, try this energy saving calculator that helps estimate window film business savings for commercial facilities.