I'm having trouble getting multiple quotes to work. so I have done a
bit of pasting.
I think what Steve's analysis is missing is the cost in terms of labor and copper in installing a whole load of 20 amp circuits which you don't need with distributed dimmers.
So lets compare the work required simply in terms of copper and installation for a 96
dimmer rack -vs- these BakPak dimmers. ( this is a quick back of the
envelope calculation only ) I am using your
dimmer loading numbers.
For the 96 rack I will need 96 runs of 12/4 cable for a total of 192 wires ( plus
ground. I am assuming we do not run a separate
ground wire)
If I assume 148 5 amp fixtures, that means I have 740 amps or 37 - 20 amp circuits at 100%
rating. At 80%
rating I will need 46 or so circuits. Now it is
clear that for locational convenience ( IE I want outlets where I want them ) I will need some more - so let's add 20% for that and I get to about 55 circuits. 55 circuits gets me to 110 wires.
So I assert that the labor / installation costs would be about 60% of a
conventional installation.