Forty-five million municipal street lights consumed about 7 percent of the all electricity used for lighting across the United States in 2011, according to Chicago-based Navigant Consulting.
Trimming the amount of energy used to light America’s urban thoroughfares led light from china can produce a dramatic reduction in electric demand, reducing the stress on the nation’s already strained power grid and reducing the need for new and costly electric generation plants fueled by fossil fuels or renewable sources.
It was refreshing to recently learn that first-year Binghamton Mayor Rich David is seeking proposals to install energy-efficient LED technology to replace the city’s 7,000 street lights. LEDs are up to twice as efficient as high-pressure sodium bulbs now in use.
“A central part of my strategy to save taxpayer money is identifying inefficiencies in daily operations,” David said in a statement. “The city’s energy costs are significant and are on the rise each year.”
In 2013, the city spent $1.47 million on energy expenses LED g24. Of that, $534,751 was spent on street lighting.
Even though natural gas prices (electricity prices have been historically linked to natural gas prices) are expected to remain near current levels because of the prevalence of shale-related discoveries, it is still a wise move to reduce consumption as part of a national conservation effort.
New York City announced a plan in November 2013 to convert 250,000 of its streetlights to LED bulbs through 2017 with a $76.5 million price tag. LED bulbs are six to seven time brighter than traditional high-pressure sodium street lights.
The nation’s electric consumption has been relatively flat since 2005, according to LED mini spot light data collected by the Energy Information Administration. That is because of a concerted effort by industrial, municipal and residential consumers to use more efficient appliances, lighting and other amenities powered by electricity. Traditional economic models would indicate that reduced demand usually leads to lower prices. That’s good for everyone.
Estimated cost for replacing all city street lights: about $4 million. But energy savings and reduced maintenance costs from using LED technology are expected to pay the upfront cost for the conversion. Any financial whiz doing a net present value or rate of return calculation on this investment will tell you that the proposed Binghamton project is well worth its initial cost.
Friday, June 6, 2014
Tuesday, April 29, 2014
GE - Focusing on the Growing LED Lighting Market
The LED light market is one of the fastest growing markets as the conventional incandescent light is being replaced by led lights from china. The global LED lighting market is anticipated to grow at a CAGR of 35.6 percent over the period 2012 to 2016. One of the key factors contributing to this market’s growth is the declining price of LEDs and also the various energy saving benefits offering lower operational costs.
Various rebate schemes offered by the government have also leveraged the growing acceptance of LED lights in the home lights segment. To ride on this growth market, General Electric (GE) is now a lot more focused on this market to leverage its top and bottom lines.
GE’s focus on the growing LED lights market is fortified by its acquisition of various LED lights and fixtures companies in the recent past. The buy outs in the past are assisting GE to attain a bigger share of global T10 LED Tube Lights market. The LED lighting market was worth $4.8 billion in 2012 and is anticipated to go to $42 billion by 2019.
The company operates in various divisions which contribute to its total revenue. LED lighting is part of GE lights and appliance sections. The appliance and light division reported revenue of $1.857 billion with segment profits of $53 million. LED light was the only segment of the lighting and appliance division which recorded growth of 33%. This further goes on to strengthen the LED segment of GE.
GE is an established name for decades to provide turnkey lighting solutions for industrial lighting, outdoor lighting and home lights. Various researches go on to reveal that by 2015, LEDs will become the second-leading type of lamp for street lights in terms of sales. By 2020, the study concludes that LED lamps for street lights will generate more than $2 billion in annual revenue. GE lighting offers a wide range of street light solutions which will enable them to have a major share of $2 billion anticipated market in next few years.
GE LED lights have been selected by Wal-Mart, which plans to purchase LED ceiling lighting fixtures for new supercenters in the U.S., stores in Asia and Latin America, and various locations in the UK. This is Walmart’s largest purchase of GE LED lighting to date, and the most recent example of leadership from Wal-Mart and GE to find and scale innovative, energy-efficient lighting solutions.
Another marker leader in LED lighting is Cree (CREE), which also is one of the leaders in T5 LED Tube lights fixture and LED chips. Cree is the company which concentrated more on in-home LED lights and is one of the companies that provided low-cost home LED lights. It was the first one to hit the $10 barrier in LED home lights which was also followed by companies like Philips.
The third quarter 2013 results of Cree were very impressive and posed year-over-year growth in top and bottom lines. The company recorded $405 million in revenue which is 16% year-over-year growth with a net income of $28 million, a 27% year-over-year growth. The growth in the top line of the company was a result of a boost in sales to record 37% year-over-year growth.
Various rebate schemes offered by the government have also leveraged the growing acceptance of LED lights in the home lights segment. To ride on this growth market, General Electric (GE) is now a lot more focused on this market to leverage its top and bottom lines.
GE’s focus on the growing LED lights market is fortified by its acquisition of various LED lights and fixtures companies in the recent past. The buy outs in the past are assisting GE to attain a bigger share of global T10 LED Tube Lights market. The LED lighting market was worth $4.8 billion in 2012 and is anticipated to go to $42 billion by 2019.
The company operates in various divisions which contribute to its total revenue. LED lighting is part of GE lights and appliance sections. The appliance and light division reported revenue of $1.857 billion with segment profits of $53 million. LED light was the only segment of the lighting and appliance division which recorded growth of 33%. This further goes on to strengthen the LED segment of GE.
GE is an established name for decades to provide turnkey lighting solutions for industrial lighting, outdoor lighting and home lights. Various researches go on to reveal that by 2015, LEDs will become the second-leading type of lamp for street lights in terms of sales. By 2020, the study concludes that LED lamps for street lights will generate more than $2 billion in annual revenue. GE lighting offers a wide range of street light solutions which will enable them to have a major share of $2 billion anticipated market in next few years.
GE LED lights have been selected by Wal-Mart, which plans to purchase LED ceiling lighting fixtures for new supercenters in the U.S., stores in Asia and Latin America, and various locations in the UK. This is Walmart’s largest purchase of GE LED lighting to date, and the most recent example of leadership from Wal-Mart and GE to find and scale innovative, energy-efficient lighting solutions.
Another marker leader in LED lighting is Cree (CREE), which also is one of the leaders in T5 LED Tube lights fixture and LED chips. Cree is the company which concentrated more on in-home LED lights and is one of the companies that provided low-cost home LED lights. It was the first one to hit the $10 barrier in LED home lights which was also followed by companies like Philips.
The third quarter 2013 results of Cree were very impressive and posed year-over-year growth in top and bottom lines. The company recorded $405 million in revenue which is 16% year-over-year growth with a net income of $28 million, a 27% year-over-year growth. The growth in the top line of the company was a result of a boost in sales to record 37% year-over-year growth.
Thursday, August 9, 2012
Brief Introductions about Swiss Watch Longines
Longines is one of the famous swiss watches in the world. As a big and high quality company, why can Longines be one of the shining stars in the watch trade. Without doubt their payment is high.
The Longines has a history of one hundred years. With such a long history Longines has experienced a lot. He is always insisted in the high quality theory that to make the highest quality is the best. And it is creating new things in the time art all the long time. Longines nearly take place of the word exact.
Why Longines became the synonym of the exact. All of these high praises can attribute to their endless effort to the time craft and their persistence spirit to time. In 1989 Longines is the sponsored the north polar adventure active which was led by Louis Amadeus. He offered five watches. The watches were designed for the changeable temperature. The five watches were spoken highly of. The Longines chronometers kept the exact time, despite the enormous temperature variations to which they were subjected. After this adventure, a lot of explorer chose the Longines for their “well done” in the north polar adventure actives.
Another big record is in 1894. In the 1894 the captian J.E. Bernier-Arctic shipped from American to south polar. He took Longines as his watch. Longines made another contribution to the adventure active.
In all these high quality Swiss watches, I like Longines best for its high quality and its service. It is like a shining star in the world. And its contribution to the world will be memorized the history.
The Longines has a history of one hundred years. With such a long history Longines has experienced a lot. He is always insisted in the high quality theory that to make the highest quality is the best. And it is creating new things in the time art all the long time. Longines nearly take place of the word exact.
Why Longines became the synonym of the exact. All of these high praises can attribute to their endless effort to the time craft and their persistence spirit to time. In 1989 Longines is the sponsored the north polar adventure active which was led by Louis Amadeus. He offered five watches. The watches were designed for the changeable temperature. The five watches were spoken highly of. The Longines chronometers kept the exact time, despite the enormous temperature variations to which they were subjected. After this adventure, a lot of explorer chose the Longines for their “well done” in the north polar adventure actives.
Another big record is in 1894. In the 1894 the captian J.E. Bernier-Arctic shipped from American to south polar. He took Longines as his watch. Longines made another contribution to the adventure active.
In all these high quality Swiss watches, I like Longines best for its high quality and its service. It is like a shining star in the world. And its contribution to the world will be memorized the history.
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