Truist Financial Corporation
LED and Controls Retrofit Across 1,287 Retail Locations
Scope of work
PSG delivered a comprehensive LED and lighting controls retrofit program across 1,287 retail branches nationwide.
The engagement included:
LED fixture upgrades
Advanced lighting controls integration
Utility rebate management
Coordinated national deployment strategy
The program was structured to optimize both financial return and operational performance while minimizing disruption to branch activity.
Results & Impact
The retrofit program delivered significant measurable outcomes:
$6.2 million in annual energy savings
$2.05 million in annual operational savings
$2.7 million in secured utility rebates
25% cost savings compared to typical retrofit projects
35% faster execution than standard deployment timelines
The result was a more energy-efficient, cost-optimized branch network supported by a disciplined national rollout strategy.
Why PSG
Truist selected PSG for its ability to:
Execute complex, high-volume retrofit programs
Integrate lighting and controls for greater ROI
Manage incentives and rebates at scale
Deliver faster, more cost-efficient outcomes across distributed retail environments
Project Overview
Truist Financial Corporation partnered with PSG Energy Services to modernize lighting and controls across its nationwide retail footprint. With 1,287 branch locations, the initiative aimed to improve energy performance, reduce operational expenses, and streamline execution across a high-volume, multi-site program.
The project required a coordinated rollout capable of delivering measurable savings while maintaining consistency across hundreds of active financial environments.
The Challenge
Truist sought to improve energy efficiency and operational cost structure across a large and geographically dispersed branch network. Executing nearly 1,300 site upgrades required tight coordination, consistent product standards, and disciplined program oversight.
Beyond installation logistics, the project needed to secure available utility rebates and deliver a clear return on investment at scale.
The Solution
PSG implemented an integrated retrofit approach combining LED upgrades with controls optimization to maximize savings per location.
Before deployment began, PSG audited and developed PSG solutions for all 1,287 locations within a matter of months, establishing a clear roadmap across the entire portfolio.
Key elements of execution included:
Centralized program management to align all 1,287 locations
Integrated lighting and controls strategy to increase total energy impact
Proactive utility rebate coordination to enhance financial performance
Accelerated deployment methods that reduced both cost and timeline compared to typical projects
The structured, repeatable rollout model ensured consistent implementation across the entire branch portfolio.
