Saving costs & reducing CO2
Huge savings on light products & energy bill
Q-Park is installing energy-saving LED lighting systems in an accelerated investment programme to reduce energy consumption, reduce its carbon footprint, and to make massive savings on the energy bill.
This is not only good for the environment, it’s good for the profitability of purpose-built parking facilities.
In partnership with Future Energy Solutions and with investments exceeding EUR 15 million, LED lighting will be installed in more than 200 parking facilities before the end of 2019.
Furthermore, due to its scale, Q-Park has negotiated a 40% reduction on cost per light product.
- Energy efficiency
- Customer experience
- Health & Safety standards
- roll out in nine countries, done by December 2019;
- reduce energy consumption by more than 20 GWh;
- saving 20% on energy => EUR 2.7 million
- reducing carbon footprint by 7,200 tons
- guaranteed for 10 years
- maintenance factor 0.8
- 100% recyclable lights
- 100% mercury free lights
A major financial and environmental benefit for current and future Q-Park stakeholders and portfolio partners: Project developers and Public & Private Landlords.