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Retail & CRE LED retrofit — Georgia
Retail & CRE · Georgia

Retail & CRE LED retrofits in Georgia.

Open-air retail, lifestyle centers, grocery-anchored, mixed-use, and power centers. Full-site LED retrofits that are CAM-recoverable, pay back in under 3 years, and make the property feel premium after dark.

70%+
Typical energy reduction
<3yr
Payback target
$0.13
/SF/yr typical savings
CAM
Fully recoverable
Georgia market context

What retail & cre operators in Georgia should know.

Georgia is a major CRE market anchored by Atlanta's enormous office and retail footprint. Commercial retail rates average ~$0.104/kWh. Georgia Power's Custom Savings program caps at $75K per building which means large campus projects need phased applications. Savannah's industrial growth and Athens' university concentration add strong secondary markets.

Average commercial rate: $0.104/kWh

Utility programs we file for

Georgia incentive navigation

Georgia Power
Custom Savings + Building Tune-Up

Georgia Power's Custom Savings program pays $0.10/kWh for commercial retrofits with a $75K/building annual cap (50% of project cost). Building Tune-Up (RCx) adds retro-commissioning incentives. New Construction adds $0.04/kWh for qualifying projects.

Pain we solve

What retail & cre operators tell us is broken.

Weekly bucket truck rolls

Aging metal halide fixtures fail at a different rate on every pole. Your maintenance team is chasing outages instead of preventing them.

Dark spots drive tenant complaints

Uneven parking lot coverage makes shoppers feel unsafe. Tenants push back on CAM charges when visibility gets worse.

Evening foot traffic dropping

Dark property = dead property after 6 PM. Restaurants and late-night retailers feel it first, then everyone else.

CAM pass-through headaches

Tenants audit CAM line items. Energy and lighting maintenance are the first things they question — and the first things you can fix.

We've retrofitted JLL-managed centers, Crawford Square properties, Nuveen's retail division, and strip centers anchored by Autozone and Whole Foods. The math is the same every time: sub-3-year payback, 70%+ energy reduction, drone-documented before/after for your investment committee.

The math

CAM-recoverable. Self-funding. Tenant-friendly.

Most open-air retail centers use NNN leases where lighting maintenance rolls into CAM. LED retrofits qualify as cost-saving capital improvements and are amortizable through CAM at prime + 1-2%. The dual benefit: tenants see lower CAM charges, landlords get a modernized asset with higher valuation.

  • Common area lighting is the #1 CAM-recoverable upgrade — amortization typically equals or beats savings
  • Anchor CAM caps of 3-5% are easily absorbed when the amortized cost is offset by energy reduction
  • Every $10K/yr in savings at a 7% cap rate adds approximately $142K to asset value
  • Energy Star research: 10% energy reduction = ~1.5% NOI increase on a typical CRE asset
Retail & CRE · Georgia

Free audit for your center.

Give us the address. We'll run the numbers, pull the rebates, and come back with a real proposal. No cost, no obligation.