Category Archives: Cost of Lighting

Total Cost of Ownership in Lighting – Part 2

Total Cost of Ownership in Lighting – Part 2 Safety and economics in the design of lighting systems has become a main consideration recently in new and existing facilities. Lighting designers not only factor in the right light source for providing the quality of light needed for safe operation and reliability in a facility, but…

Total Cost of Ownership – Part 1

Total Cost of Ownership in Lighting – Part 1 Total Cost of Ownership (TCO) is the sum of all direct and indirect expenses incurred throughout the entire life cycle of owning or using certain large-scale assets. It is sometimes referred to as life cycle cost analysis. TCO factors in costs accumulated from purchase of the…