HONDA OF PASADENA
Cireon saved Honda of Pasadena $147,000 in their first year.
Cireon, in collaboration with SoCal Image LED, replaced 142 lighting fixtures for Honda Of Pasadena car dealership. The project will result in a $66,337 rebate from Pasadena Water & Power and a $54,000 federal tax deduction for the 54-year old auto dealership.
The gross cost of the retrofit was $155,000. The two combined rebates make the net cost of the retrofit approximately $34,000. In addition, the energy savings that the new system will provide to the dealership is just under $6,759/month, meaning that the lighting system will pay for itself in just over five months.
The retrofit will reduce the car dealership’s environmental impact by 80% over the life of the system.
“This landmark collaboration with Cireon and Pasadena Water & Power is just one way that Pasadena business and public services can work together to improve our city and bring practical solutions to economic and environmental problems.”
- Jeff Christoffel, President of Honda of Pasadena