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A lighting retrofit is the practice of replacing components in the system with counterparts that make it use energy more efficiently. A lighting upgrade is any strategy that reduces the system's energy use. Energy savings are realized over
time that can be significant enough to not only pay for the new equipment, but produce a return on the investment.In the long run, lighting retrofits can mean major cost reductions for companies
with large facilities. They may involve low-wattage lamps, intelligent switching systems, timers, centralized controls or, often, some combination of all of these. However, those long-term savings often come with short-term implementation
costs