Lighting consumes a great deal of electrical energy in buildings, and the U.S. federal government is the largest single energy consumer in the United States. Therefore, the way that the U.S. federal government manages its lighting energy use is of great importance. One important way that energy use is managed is through Federal Energy Management Program (FEMP) energy efficiency requirements. However, there is not much literature on how these requirements are set and how to value the resulting savings. This paper documents the methodology used to develop these for the 2017 FEMP lighting update. A methodology for calculating the total benefits is presented that goes beyond site energy saved, and includes full fuel cycle energy savings, energy cost savings, emissions offset and monetized emissions costs. The results show total benefits of $33 million USD including 475 kilotons of carbon dioxide (CO2) offset under the low compliance scenario, $104 million USD including 1494 kilotons of CO2 offset under the medium compliance scenario, and $217 million USD including 3124 kilotons of CO2 offset under the high compliance scenario.