How can a commercial LED upgrade be so much cheaper?
Not all LED upgrades will be free, but they will be significantly cheaper with the changes enacted by the Victorian Government on January 1. The incentives are now based on the variable Annul Operating Hours (AOH) based on the space type and/or BCA (Building Code of Australia) classification in which the lighting upgrade occurs.
In other words, if the business is classified as having extended hours of operation or sits within retail, manufacturing, parking, storage, healthcare, aged care, hospitality or accommodation, the installation will now be significantly cheaper. In effect, this change gives an even greater incentive the heaviest users of energy to make the upgrade to energy efficient lighting.