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LED CASE STUDY: Morgan Stanley Sustainability
See the advantages of USA Made LED Lights in a Morgan Stanley Sustainability Case Study – 10 Year Warranty and Lowest Total Cost of Ownership Lighting.
Project: Morgan Stanley World Headquarters
Highlights: 42 Stories with 1.3 Million Sq. Ft.
Address: 1585 Broadway New York, NY 10036
Owner: Morgan Stanley + Hines Management
LED Installation: 2011
Opportunity for LED Lights: Morgan Stanley demonstrated national leadership in energy intelligence by retrofitting its World Headquarters in Times Square with LED tubes, making it the first major high rise headquarters in America to embrace the new technology. The existing 4’ 32 watt T8 fluorescent tubes, running 24/7 for 8,760h/year, in areas like the exit stairs, each consumed 280 kWh per year. At $.18/kWh, the T8 tubes cost $50.46 each per year to operate.
LED Lighting Solution: Independence LED provided an LED solution with 15 watt LED tubes that created an average energy savings of 53% over the existing fluorescent tubes. The new LEDs also reduced the maintenance labor to replace the less efficient fluorescent tubes that burn out more frequently.
Morgan Stanley Sustainability LED Case Study Results: By reducing the tube wattage by an average of 53%, the annual savings is 148.92 kWh and $26.81 per tube every year. Over the approximate 7 year life of the LEDs at 24h/day, the lifetime energy savings is over $183 for every tube, plus 1,367 lbs in CO2 emission reduction. The building was completed in 1990, and as a young architect, Independence LED’s CEO, Charlie Szoradi, worked on the high profile project while employed at Gwathmey Siegel Architects in New York City.
© 2014 www.IndependenceLED.com – Names and logos in this file are the registered trademarks of the respective entities. Morgan Stanley Sustainability
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