Eco-Shift Power announced a Letter of Intent with the Payne Auto Group to retrofit 6 auto dealerships under the ECOP Energy Efficiency Lighting Retrofit Program. The program is exclusively tailored to auto dealers and is now available for dealerships across North America. The Payne Auto Group has signed a contract to retrofit two initial locations with a financial energy savings guarantee provided by Eco-Shift Power.

The remaining four locations will be retrofitted as financial performance is demonstrated. The project is the first of many anticipated as ECOP makes a strategic push into the US auto market. The high-efficiency LED retrofit project is valued at approximately $300,000 and will generate more than $1,000,000 in savings over 10 years.

The initial contract is for a high-efficiency LED lighting retrofit for two dealerships in Weslaco and Brownsville, Texas. Project benefits include improved lighting to enhance sales and an impressive 24 month payback. ECOP optimizes lighting systems to meet client needs, ensuring that the Colour Rendering Index and Foot Candles provide optimal lighting.

Increased Profitability with Bottom Line Savings: High efficiency LED lighting retrofits often reduce energy consumption by greater than 50%, resulting in payback periods of less than 2 years.