How to Calculate ROI for an Intelligent Lighting and Energy Retrofit Project
SIGN UP: Breaking down ROI calculation for lighting and energy retrofits
ROI – Return Smart Lighting on Investment It is important to consider the return on investment of your smart lighting and energy retrofit project. It helps to decide whether the project is of any value by contrasting costs with benefits. You calculate ROI by dividing the net profit of a project by its total costs and multiplying Smart Bulb the result by 100 to get a percentage. The higher the ROI, the more successful was the project and vice versa. An ROI lik» e this might mean that an adjustment or reappraisal of a given smart light bulbs project is necessitated.
Cost-benefit analysis of an intelligent lighting retrofit
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