A landlord in Atlanta cuts electric bills by 40% per property by replacing street-pole lights with LED fixtures and disconnecting them from Georgia Power's grid. Instead of letting the utility handle the upgrade, they install their own system to avoid continued billing and control the power source.
It reduces your electric bill by like 40%.
You see these pole lights? Yes. You can convert them to LED lighting and you can take them off the city power and it reduces your electric bill by like 40%. Every property that we bought in Atlanta, that was like the first thing we did.
So power company will change them to LED, but they'll keep billing. So you're talking about taking them away from Georgia Power and putting in your own? Yeah.
Yeah. The toilets too. We're replacing the toilets. The cost of those is $300, $300 per unit. But we also get a rebate through the, through the county for $100 per toilet that we remove. So it's actually only costing us $200 per unit to replace all the toilets. Why do you get the rebate? Can you explain that? Because you're going to energy-efficient appliances. So they give you a rebate for, for doing that. So it's an easy application process. We're going from 2.6 gallons per flush to 1.2. So we're basically cutting the water usage attributed to toilets in half or even less than half. Yeah, that accounts for 40% of your utility bill. And you just cut that in half, you just knock down your water bill by 20%.