With more than 150,000 spaces across more than 500 car parks in UK towns, cities, airports and railway stations, NCP had to address the rising costs associated with its lighting infrastructure. NCP’s CEO, Jo Cooper, commented: “We set out to reduce energy lighting bills, lower maintenance costs and offer improved lumen output to provide an enhanced customer experience. Future Energy Solutions convinced us that LED lighting technology would achieve all three objectives.”
NCP has not had to provide any upfront capital expenditure to finance the project, as it is being funded by Future Energy Solutions in partnership with the UK Green Investment Bank. A six-year contract will allow Future Energy Solutions to be remunerated through the cost reduction in energy bills that NCP are benefiting from. This will be achieved by calculating the difference between the energy consumption of the previous lighting system and the reduced energy consumption offered by the new efficient lighting solution. The financial difference is then split between Future Energy Solutions and NCP as a profit share agreement and, in addition, NCP’s energy prices are hedged over the life of the contract, reducing its exposure to upward price trends.
The project is being implemented in a number of distinct phases – Phase 1 began in January 2014 and 50,000 LED luminaires have been installed since then.
Marcus Brodin, commercial director at Future Energy Solutions, said: “This achievement, which will generate energy savings of over 67 per cent in the car parks that are being re-lamped. The effect on the environment will also be significant, as NCP’s CO2 emissions will be reduced by 11,000 tonnes per annum and mono-nitrogen oxide (NOx) will be lowered by 248lbs over the same period. This is the equivalent of 10,924 trees being saved or filling up 321,695 fuel tanks every year.”
All of the products installed are performance guaranteed and maintained for the life of the contract at no cost to NCP, therefore taking away the hassle of maintenance and reducing the company’s operational cost. Phase 2 and beyond will see the installation of a further 35,000 LED luminaires across a number of environments such as surface sites, station car parks, local authority sites and other multi-storey car parks.
Cooper added: “Not only will we save GBP25,191,720 over the lifetime of the new luminaires, just as importantly, the Future Energy Solutions solution offers a significant and measurable means of reducing our carbon footprint – something which supports our corporate social responsibility (CSR) policy. I’m looking forward to getting Phase 2 underway.”
Source: http://www.electronics-eetimes.com/en/lighting-rollout-brightens-car-park-energy-saving-prospects.html?cmp_id=7&news_id=222921753&vID=209&page=0
Comments are closed.
