Question: course name is Introduction to Facility Management Lighting System Upgrade Project Description: Upgrading the lighting system to more energy-efficient LED fixtures. Initial Investment: $50,000 Expected
course name is Introduction to Facility Management
Lighting System Upgrade
- Project Description: Upgrading the lighting system to more energy-efficient LED fixtures.
- Initial Investment: $50,000
- Expected Annual Savings: $8,000
- Useful Life: 7 years
- Required Rate of Return: 8%
HVAC System Upgrade
- Project Description: Upgrading the HVAC system to a more energy-efficient model.
- Initial Investment: $80,000
- Expected Annual Savings: $8,750
- Useful Life: 10 years
- Required Rate of Return: 9%
Solar Panel Installation
- Project Description: Installing solar panels to reduce electricity costs and improve sustainability.
- Initial Investment: $120,000
- Expected Annual Savings: $8,250
- Useful Life: 15 years
- Required Rate of Return: 7%
Water Conservation System Installation
- Project Description: Installing a water conservation system to reduce water usage and costs.
- Initial Investment: $30,000
- Expected Annual Savings: $5,000
- Useful Life: 8 years
- Required Rate of Return: 6%
Building Automation System Upgrade
- Project Description: Upgrading the building automation system to improve energy efficiency and reduce operational costs.
- Initial Investment: $100,000
- Expected Annual Savings: $9,200
- Useful Life: 12 years
- Required Rate of Return: 10%
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