Projects  /  John's Incredible Pizza Kitchen
Case study · LED Lighting

John's Incredible Pizza Kitchen

NRG Incentives partnered with John's Incredible Pizza Kitchen in Fresno, CA on a high-efficiency LED retrofit — brighter, safer light with meaningful energy savings and secured utility rebate support.

John's Incredible Pizza Kitchen
John's Incredible Pizza KitchenLED retrofit · Fresno, CA
$67,592
annual energy savings
$24,796
utility rebate secured
2.56 yrs
payback period
$197,950
total project investment
Run a facility like this?
Get a free assessment ›

The challenge

Fresno, CA

Project Budget: $197,950

Customer Rebates Obtained: $24,796

Annual Energy Savings: $67,591.88

The solution

NRG Incentives packaged a full LED retrofit across the dining, buffet, arcade, and back-of-house areas — warm, inviting light for guests and efficient, low-maintenance fixtures for staff — and secured a $24,796 utility rebate to offset the cost.

Testimonial to come — a sentence from John's Incredible Pizza Kitchen on the results and working with NRG Incentives.
Name, Title
John's Incredible Pizza Kitchen

The results

The upgrade delivers $67,592 in annual energy savings against a $197,950 project investment — net $173,154 after the $24,796 utility rebate — recovering the net investment in roughly 2.56 yrs, then compounding into net savings while the new lighting keeps working.

Return on investment — net cash position over 10 years
Break-even 2.56 yrs
+$502,766
$400k$200k$0-$200k
Yr 0Yr 2Yr 4Yr 6Yr 8Yr 10
Additional financial impact

What the upgrade is worth to the asset

Two of the levers an upgrade like this moves — value created and interest avoided. Adjust the rates to match your underwriting.

Added property value
$1,228,945$1,126,533$1,039,877$965,600$901,227$844,900
a one-time lift to the property’s value at a 5.5%6%6.5%7%7.5%8% cap rate — capitalizing $67,592/yr in energy savings.
Cap rate
0% financing — interest you avoid
$15,836$17,816$19,399$19,795$21,774$23,754
in interest avoided each year at 8%9%9.8%10%11%12% — on the $197,950 project cost, financed at 0%.
Interest rate