Business News | Jan 27, 2011

Digital Lumens Teams with RELAMP LED to Finance Customers’ Purchases of Intelligent Lighting Systems

Digital Lumens, developer of the industry’s first Intelligent Lighting System, today announced that RELAMP LED now offers financing solutions for customers purchasing the Digital Lumens Intelligent Lighting System. The program requires no upfront capital and is cash flow positive from the outset.

With this financing, RELAMP LED creates a fixed payment system for customers based on anticipated savings from the LED retrofit project.  Monthly payments on the new system are less than the monthly operating costs of the old, inefficient lighting – enabling customers to realize savings as soon as the system is installed.  Once the payment plan is completed, all future energy savings are accrued directly to the client’s bottom line.

“The dramatic savings from the Intelligent Lighting System make financing an appealing option for customers who want to improve energy efficiency, reduce long-term exposure to energy rate inflation, and conserve cash,” said Michael Feinstein, Digital Lumens Vice President of Sales and Marketing.  “The Digital Lumens system provides a direct lighting energy reduction of up to 90%, which creates ample room for attractive financing packages.”

“Clients no longer have to forgo dramatic energy savings due to capital budget limitations,” said Matt Millman, Principal, RELAMP LED.  “With this program, they can lock in immediate savings on their monthly energy bills and hedge against future utility rate increases – all while reducing monthly energy expenses.”

About Digital Lumens:
Digital Lumens develops LED-based Intelligent Lighting Systems that reduce industrial customers’ lighting-related electricity expenses up to 90% and transform lighting into a managed asset, improving efficiency, control and operational insight.  Incorporating custom-designed LED-based luminaires, integrated intelligence, sensors, and wireless networking into a single system, the company is defining a new class of networked lighting solution for customers. Digital Lumens has recently been recognized as a 2011 World Economic Forum Technology Pioneer and a 2010 Global Cleantech 100 Company.  For more information, please visit www.digitallumens.com/.

FEATURED

Cree Launches Industry’s Highest Efficacy 90 CRI COB LEDs

Cree Launches Industry’s Highest Efficacy 90 CRI COB LEDs Cree, Inc. announces the XLamp® eTone™ LEDs, a breakthrough set of chip-on-board (COB) LEDs that delivers beautiful 90 color rendering index (CRI) light quality at the same efficacy as today’s standard 80 CRI LEDs. Delivering up to 155 lumens per watt (LPW) at 3000 K CCT, 85°C, Cree’s new eTone COB ... Read more »

FEATURED

Luminus Gen 4 COBs: 70W CMH Spots Finally Meet Their Match

Luminus Gen 4 COBs: 70W CMH Spots Finally Meet Their Match Luminus Devices latest, fourth generation chip-on-board LED technology (Gen 4) will open new opportunities in retail lighting and a wide range of indoor and outdoor lighting applications. Luminus Gen 4 COB technology combines significant improvements in efficacy, flux density, high maximum drive ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel