|By Business Wire||
|May 30, 2014 08:39 AM EDT||
Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”), a leading provider of advanced LED lighting solutions, today announced the completion of a major LED lighting project at Baldor Specialty Foods in the Hunts Point area of the Bronx, NY.
The solid-state lighting project consisting of 3,000 Seesmart LED tube lamps and exterior wall packs will yield a kWh use reduction of more than 750,000 kWh, equating to a 70% reduction in lighting energy savings. The LED retrofit project will deliver a payback in approximately thirteen months, with Baldor’s total net energy savings over five years exceeding $500,000, as well as CO2 reductions of nearly one million pounds. The project will also result in a $124,000 rebate from New York State Energy Research and Development Authority (NYSERDA).
“Baldor will see immediate reductions in their energy use and costs, resulting in HVAC and maintenance cost savings as well,” said Charlie Schafer, President and Chief Financial Officer, Revolution Lighting Technologies. “Because our Seesmart LED tubes produce considerably less heat than their existing lamps, the load on Baldor’s current cooling and refrigeration systems will be substantially reduced, resulting in greater operational efficiency and financial savings.”
Schafer continued, “This project is a prime example of the financial and environmental benefits our LED lighting solutions are delivering to our customers, as well as the continued acceleration in LED adoption by companies who are looking to improve their operating profits and reduce carbon emissions.”
As compared with fluorescent or CFL bulbs, Seesmart’s LED linear tubes are safe and clean, containing no hazardous or poisonous materials such as Mercury. In addition, Seesmart’s LED tubes do not have a glass lens, making them an ideal choice for food preparation areas, and they are not impacted by the cold temperatures Baldor must maintain in their cold storage areas.
To read about other successful Revolution Lighting/Seesmart projects, please visit: http://www.seesmartled.com/media/casestudies
About Revolution Lighting Technologies, Inc.
Revolution Lighting Technologies, Inc. is a leader in the design, manufacture, marketing, and sale of light emitting diode (LED) lighting solutions focusing on the industrial, commercial and government markets in the United States, Canada, and internationally. Through advanced technology and aggressive new product development, Revolution Lighting has created an innovative, multi-brand, lighting company that offers a comprehensive advanced product platform. The company goes to market through its Seesmart brand, which designs, engineers and manufactures an extensive line of high-quality interior and exterior LED lamps and fixtures; Lighting Integration Technologies Inc., which sells and installs Seesmart products; Lumificient, which supplies LED illumination for the signage industry; Relume Technologies, a leading manufacturer of outdoor LED products; and Sentinel, a revolutionary patented and licensed monitoring and smart grid control system for outdoor lighting applications. Revolution Lighting Technologies markets and distributes its product through a network of independent sales representatives and distributors, as well as through energy savings companies, national accounts and its wholly owned subsidiary, Value Lighting, a leading supplier of lighting solutions to the multifamily residential housing sector and new construction marketplace across the U.S. Revolution Lighting Technologies trades on the NASDAQ under the ticker RVLT. For additional information, please visit: www.rvlti.com
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