Multifamily

Projects Completed up to date: 980

LAST UPDATED: 4/18/19

View all Case Studies

Oxford Realty Multifamily Portfolio
LED Lighting Energy Savings

Oxford Realty Group

Multiple Locations

Project Description
The Oxford Realty Group has been managing multifamily properties throughout New York, New Jersey, and Pennsylvania for more than 50 years. Their portfolio in New Jersey includes many sectors of multifamily housing throughout the state. GreenLight’s team of lighting specialists and rebate consultants engaged Oxford Realty Group with a plan for achieving utility bill savings across the majority of their New Jersey portfolio.
GreenLight surveyed the NJ properties detailed in this case study and specified the lighting solutions that would reduce the electricity consumption of these properties in the most cost-effective manner. Compact Fluorescent Lamps and High Pressure Sodium Wallpacks were replaced with high efficiency LED fixtures that significant reduced the wattage of the existing lamps. GreenLight’s fixture recommendations were tailored to match the requirements of the existing rebate programs in NJ such that a significant portion of the project costs were funded by rebates, which enabled the overall project to achieve a return on investment in less than 2 years.

Results

Property Annual Electricity Savings (KWH) Rebate Annual Utility Bill Savings ($)
The Cove 37,000 $15,000 $5,550
Cedar Arms Apartments 18,921.60 $5,000 $2,838.24
Forest Glen Apartments 10,264.32 $2,750 $1,539.65
Cedar Lane Apartments 52,596 $18,750 $7,889.40
Oxford Arms Apartments 133,902.72 $35,875 $20,085.41
Tov Manor Apartments 40,590 $10,875 $6,088.50
Treetops Apartments 20,995.20 $5,625 $3,149.28
Patten Point Apartments 25,194.24 $6,750 $3,779.14
Countryside Apartments 41,951.52 $5,875 $6,292.73
Easton North Apartments 55,313.28 $26,000 $8,296.99
Somerset Mews 67,867.20 $27,500 $10,180.08
The Warehouse Apartments 8,229.60 $5,000 $1,234.44
River Place 11,880 $12,500 $1,782
Download PDF Case Study

Multifamily

Projects Completed up to date: 980

LAST UPDATED: 4/18/19

View all Case Studies