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Havertys Saves $2.2 Million on Lighting
November 29,
2012 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on November 30, 2012
Furniture retailer Havertys Furniture reports saving $2.2 million in lighting with GEs LED retail lamps.
Havertys, Atlanta, retrofited existing stores with GEs 14-watt Energy Smart LED retail PAR38 lamps and will use those lamps for new construction moving forward. The switch will translate to an average $22,300 lighting cost savings per store per year (based on a $.10 kWh rate and 4,000 hours of operation) or $2.2 million company-wide. The move also is part of a larger environmental initiative.
Our goal was to save money and be good stewards by reducing our energy footprint, said Glenn Boone, director of construction and design for Havertys. The GE lamps were an important ingredient in our cost-saving equation.
With the implementation of new GE indoor LED lighting as an element of its integrated energy management systems, Havertys Fairfax, Va., store is showing a 65 percent reduction for June 2012 compared to June 2011--attributable to a combination of new GE LED lighting and high efficiency HVAC systems.
Meanwhile, among stores retrofit with LED lighting only, Havertys reports an average 25 to 35 percent energy reduction, with its Austin, Texas, location alone seeing a more than 40 percent decrease.
To date, Havertys has purchased 10,000 LED Retail PAR38 lamps, with an additional 5,500 scheduled for delivery. All of its locations are expected to be completed by 2015. The average Havertys store houses 734 lighting fixtures traditionally fit with 90-watt halogen lamps, each costing $36 to operate annually. By comparison, each GE ecomagination 14-watt LED lamp will cost $5.60 to power for a year.
In addition to indoor LED lighting, Havertys is implementing more efficient HVAC and utility control measures across many of its stores to drive costs down further while shrinking its energy footprint. To date, the company reports an overall 21 percent reduction in electricity usage and is working toward even greater reductions over the next year.
The goal of HVTerra, Havertys environmental stewardship program, is to achieve a 25 percent reduction across our portfolio versus our 2008 baseline by the end of 2013. Currently, we anticipate reaching this goal by the end of 2012, one year early, Boone said. We feel very strongly that going forward with our current level of investment in LED lighting, HVAC upgrades and EMS systems, its possible to achieve a 45 to 65 percent reduction overall."