North American LED lights manufacturer, Phoster Industries, has successfully replaced  436 350-500 watt incandescent light fixtures in the lobby with 52 watt PAR 64 LED lighting retrofit kits at Place Ville Marie, Montreal.

To complete this project, Phoster Industries cooperated with The SITQ, the real estate arm of the government of the Province of Quebec and owners and managers of PVM, Axxima, the energy and maintenance management company responsible for PVM , and the government owned utility, Hydro-Quebec.

The Phoster LED solution allowed for a savings of 1.5 million kilowatts per year towards which Hydro-Quebec subsidized $0.15 cents/kilowatt as part of their Commercial Rebate Program totaling $225,000 and covering 60% of the cost of the Phoster LED lights.