Lighting Retrofit Scheme Economic Evaluation

Mohd Firdaus Mohd Ab Halim (Universiti Teknikal Malaysia Melaka Kampus Industri Hang Tuah Jaya)
Umar Al-Amani Azlan (Universiti Teknikal Malaysia Melaka Kampus Industri Hang Tuah Jaya)
M. Haniff Harun (Universiti Teknikal Malaysia Melaka Kampus Industri Hang Tuah Jaya)
Khalil Azha M. Annuar (Universiti Teknikal Malaysia Melaka Kampus Industri Hang Tuah Jaya)
S. Halma Johari (Universiti Teknikal Malaysia Melaka Kampus Industri Hang Tuah Jaya)
A. Rahim Abdulla (Universiti Teknikal Malaysia Melaka Kampus Durian Tunggal)
M. Faisal Hushim (Universiti Tun Hussein Onn Malaysia Johor)

Indonesian Journal of Electrical Engineering and Computer Science
Vol 5, No 3: March 2017

In this paper, two lighting retrofit scheme is simulated to evaluate the amount of saving that the commercial building owner would benefits. Simple payback period and net present value are the method used to qualify the retrofit scheme to be profitable or otherwise. The analysis include the effect of electricity price, energy saving percentage, technology price and efficacy future values towards the economic return. The retrofit scheme presented only covers for the building that already has existing lighting equipment and comply towards the standard set by the international technical society. All variables and assumption are based on latest report by the world governing bodies and regulation.