Projects  /  Lion Raisins
Case study · LED Lighting

Lion Raisins

NRG Incentives partnered with Lion Raisins in Selma, CA on a high-efficiency LED retrofit — brighter, safer light with meaningful energy savings and secured utility rebate support.

Lion Raisins
Lion RaisinsLED retrofit · Selma, CA
$51,895
annual energy savings
$17,792
utility rebate secured
2.83 yrs
payback period
$164,588
total project investment
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The challenge

Lion Raisins runs high-volume processing and packing operations where consistent, high-output lighting is essential for quality control, worker safety, and long production shifts. The plant's aging high-bay fixtures were costly to run and slow to maintain across large production and warehouse spaces.

The solution

NRG Incentives packaged a facility-wide LED high-bay retrofit built for an industrial food-processing environment, and secured a $17,792 utility rebate to offset the investment — delivering brighter, more uniform light with far lower energy draw.

Testimonial to come — a sentence from Lion Raisins on the results and working with NRG Incentives.
Name, Title
Lion Raisins

The results

The upgrade delivers $51,895 in annual energy savings against a $164,588 project investment — net $146,796 after the $17,792 utility rebate — recovering the net investment in roughly 2.83 yrs, then compounding into net savings while the new lighting keeps working.

Return on investment — net cash position over 10 years
Break-even 2.83 yrs
+$372,154
$400k$200k$0
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
$943,545$864,917$798,385$741,357$691,933$648,688
a one-time lift to the property’s value at a 5.5%6%6.5%7%7.5%8% cap rate — capitalizing $51,895/yr in energy savings.
Cap rate
0% financing — interest you avoid
$13,167$14,813$16,130$16,459$18,105$19,751
in interest avoided each year at 8%9%9.8%10%11%12% — on the $164,588 project cost, financed at 0%.
Interest rate