The Internal Rate of Return (IRR) is the discount rate that makes the net present value (NPV) of a project zero. In other words, it is the expected compound annual rate of return that will be earned on a project or investment. In the example below, an initial investment of $50 has a 22% IRR. That is equal to earning a 22% compound annual growth rate.
U.S. Power is an industrial energy services contractor that specializes in the reduction of energy consumption across a broad array of manufacturing and food processing facilities located in Michigan, Ohio, Indiana, Illinois and Wisconsin. In addition, the company publishes a useful curation of energy-oriented information from the marketplace, and consolidates it into a concise, monthly letter known as ‘The Fabulous Lighting Maven’, distributed to Facilities Managers throughout the nation.
While the company prides itself in its diversity, it owns and operates a specialty lighting contracting firm as well, known as U.S. Power Vision, LLC. With a core business in and around industrial LED lighting, it keeps itself and its clients at the cutting edge of illuminating and connective technologies, all aimed at providing – from the eyes to the fingertips – superb control and intuitive simplicity.
