ING Case Study

15 February 2007

Summary of Results: 

       
Annual savings                            $227,332
Total Investment                          $940,485
Return on Investment                   24.2%
Pay back period                          4.1 Years
CO2 savings per year                  2,146 tonnes CO2 equivalent 

ING provides property investment management services, including the management of property trusts listed on the Australian Stock Exchange, as well as property development and project management for ING funds and third parties.

Ecosave provided ING Retail with cost effective energy conservation solutions to reduce their electricity consumption and help the environment.  These solutions were implemented in twelve (12) ING Retail Shopping Centers throughout Australia.

The solutions installed included:

• Installing air conditioner controls to improve their energy efficiency and curtail 
  hours of operation while maintaining performance.

• Installing lighting controls to reduce the hours of operation in areas and at 
  times when they are not required.

• Rewiring existing lights to allow some lights to be turned off when they are 
  not required.

• Refurbishment of twin fluorescent light fittings to a single tube, installing 
  a high performance reflector, maintaining the existing light levels.

• Replacement of fluorescent light fittings with a single tube light fitting, 
  installing a high performance reflector, maintaining the existing light levels.

• Installing energy saving lamps to high intensity discharge light fittings to 
  reduce the wattage required while maintaining the existing light levels.

·    Installing voltage reduction units to save on the energy consumed by fluorescent lights  

Ecosave donates to Greening Australia, one native seedling for every tonne of CO2 and every 100 kilolitres of water saved, which additionally enhances the environment