Financially Sound, Environmentally Friendly Solutions
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.

Project Cost Savings and Environmental Impacts
Property Address Project Annual Electricity Savings
[kWh]
Annual Utility
Bill
Savings [$]
Rebate [$] CO2 Emission Savings [tons] Equivalent Trees Planted Equivalent Cars Removed from the Road Equivalent Home Energy Use Removed from
the Grid
The Cove 118 Victory Rd
Springfield, NJ
LED Interior Lighting 37,000 $5,550.00 $15,000.00 20.1 516 4.2 2.8
Cedar Arms Apartments 100 Cedar Lane
Highland Park, NJ
LED Exterior Lighting 18,921.60 $2,838.24 $5,000.00 13.2 338 2.7 1.8
Forest Glen Apartments 150 Forest Glen Dr
Highland Park, NJ
LED Exterior Lighting 10,264.32 $1,539.65 $2,750.00 7.2 186 1.5 1
Cedar Lane Apartments 100 Cedar Lane
Highland Park, NJ
LED Interior, Exterior Lighting 52,596 $7,889.40 $18,750.00 37.1 952 7.7 5.1
Oxford Arms Apartments 326 Hana Rd
Edison, NJ
LED Exterior Lighting 133,902.72 $20,085.41 $35,875.00 94.5 2422 19.7 13
Tov Manor Apartments 80 E Phelps Ave
New Brunswick, NJ
LED Exterior Lighting 40,590 $6,088.50 $10,875.00 28.6 734 6 3.9
Treetops Apartments 250 Treetops Dr
Highland Park, NJ
LED Exterior Lighting 20,995.20 $3,149.28 $5,625.00 14.8 380 3.1 2
Patten Point Apartments 581 Patten Ave
Long Branch, NJ
LED Exterior Lighting 25,194.24 $3,779.14 $6,750.00 17.8 456 3.7 2.4
Countryside Apartments 1901 Hwy 27
Somerset, NJ
LED Interior, Exterior Lighting 41,951.52 $6,292.73 $5,875.00 29.6 759 6.2 4.1
Easton North Apartments 1118A Easton Ave
Somerset, NJ
LED Interior, Exterior Lighting 55,313.28 $8,296.99 $26,000.00 39 1001 8.1 5.4
Somerset Mews Rt. 27 &Reler Ln
Somerset, NJ
LED Interior, Exterior Lighting 67,867.20 $10,180.08 $27,500.00 47.9 1228 10 6.6
The Warehouse Apartments 11 New St
Somerville, NJ
LED Interior, Exterior Lighting 8,229.60 $1,234.44 $5,000.00 5.8 149 1.2 1
River Place 190 Lewis St
Rahway, NJ
LED Interior Lighting 11,880.00 $1,782.00 $12,500.00 8.4 215 1.7 1
Totals 524,705.68 $78,705.85 $177,500.00 634 9,336 75.8 50.1