When AvalonBay Communities, Inc., an equity REIT with a long-term track record of developing, re-developing, acquiring and managing distinctive apartment homes in some of the best U.S. markets, was looking for a partner to help identify areas for energy cost avoidance, they selected NextGen LED. NextGen completed a comprehensive retrofit of all common and exterior lighting across the 9.9 acre campus.

“The lighting is so much brighter and looks great; it’s really made a dramatic impact on our hallways. It can be hard to find companies like NextGen LED that really know what they’re doing, but with their demonstrated lighting knowledge, great communication skills, and positive interactions with both our residents and and staff,
NextGen LED has been a great partner.”

-Mark Delisi,
Senior Director of Sustainability
AvalonBay Communities, Inc.

Project Overview

  • CLIENT AvalonBay Communities, Inc.
  • PROPERTY Grosvenor Station
  • Location Bethesda, MD
  • Project type LED Retrofit – Energy Savings
  • Date Complete October 2014

Project Details

  • Project Cost $200,274
  • Utility Rebates $162,994
  • Net Client Cost $37,994
  • Total Annual Savings $43,550
  • Payback (years) 1.0
  • Return on Investment (ROI) 224.87%
  • Percent of Energy Saved 57%

Project Summary

  • Annual KwH Reduction 291,896
  • Comparable Metrics:
    Trees Saved Annually: 21,791
    Acres of Trees Planted Annually: 51
    Fewer Cars on the Road Annually: 72

Project Photos