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How long is the payback period and what does that mean to ROI?

April 26, 2017mean Payback period ROI

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How long is the payback period and what does that mean to ROI?

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The payback period is less than 1 year, with rebates the period drops to as little as 6 months, some customers have seen a payback period in as little as 3 months. If the savings received are 20% the sooner the expense is paid off, the sooner that savings goes directly to the bottom line.