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9
LumAware Safety Analysis Summary
Assumptions
It is widely believed that it costs between $200 and
$500 for the sign cost and installation of a traditional
or LED exit sign. For purposes of our analysis we have
chosen costs in the low range at $280.
We have estimated the annual operating cost of LED,
uorescent and incandescent signs to be $57, $71 and
$88 respectively. The LumAware exit sign has no annual
operating costs.
Our analysis includes replacing each LED exit sign
when they go bad at a cost of $40 ($30 for sign and
$10 for labor).
In our analysis of existing locations, we have increased
the cost of installation by $10 to remove the existing
exit sign and cap the electricity.
Monthly inspections – According to
NFPA101, electric exit signs must undergo
a 30-second test every month.
Yearly inspections – NFPA101 also
requires that electric exit signs simulate
being on battery backup for 90 minutes
every year.
ASSUMPTIONS
LumAware LED Fluorescent Incandescent
INSTALL
Sign Cost $120 $ 30 $ 25 $ 20
Labor 10 250 250 250
$130 $280 $275 $270
ANNUAL COST
Batteries $ - $ 15 $ 15 $ 15
Bulbs - - 15 15
Periodic Testing - 30 30 30
Electricity - 4 11 28
Replacement Sign
($30 ea x 20%) - 6 - -
Replacement Labor
($10 ea x 20%) - 2 - -
$ - $ 57 $ 71 $ 88
Annual Cost
SAVINGS
of
$50-$85+
dollars per year
per sign