(1) Assume $75/hour for licensed electrician. Modify as required.
(2) The estimated reduction in time required to install the TILT® plug-and-play system, in lieu of conventional lighting, based upon a recently completed Case Study. Time required to install conventional lighting is based upon quotes from four independent electrical contractors. Each quote included a break-out of the labor hours required to complete the Case Study project, and the lowest number of hours among the four quotes was used. Time to install the TILT® system was based upon a detailed walk-through and time study of that installation. The details of this comparison are contained in the Case Study, which is available upon request to qualified parties.
(3) “Labor Savings – Hours” X “Labor Rate/Hour”
