With Amerikana's Green Energy Lease Management Program, customers pay nothing up front and are guaranteed immediate savings to retrofit a building with energy-efficient LED lighting.
FOR IMMEDIATE RELEASE
(Press Release) September 12, 2010
The one drawback to Amerikana Green Energy Chairman Gary Cox's proposal for installing energy-efficient lighting is that at first glance it seems too good to be true.
His San Diego, CA., company retrofits buildings with state-of-the-
The main question one potential client had after listening to Cox’s presentation:
“We do it with savings,” Cox said. “You become green, you save energy, you save money. We create jobs and generate profit. It’s a win-win situation.”
The key is a creative financing plan, the Amerikana Green Energy's Lease Management Program, which is a performance contract that enables facility owners to pay for energy-related upgrades through reduced utility bills over an extended contract period.
With AGE's plan, the customer pays nothing up front and is guaranteed savings immediately and throughout the contract, which can run five to 10 years. AGE collects its fee based on a percentage of the savings the facility realizes on its energy consumption.
“We are offering a positive cash-flow contract. You pay nothing in advance and get cash back in your pocket from Day One,” Cox said. “We can do this because we are not just replacing bulbs, we are doing a custom redesign of your entire lighting system, and we are using the latest technology to do so. Most of the time buildings are not lighted properly.”
Cox can walk into a building and immediately spot instances where energy is being wasted. AGE takes a systematic approach, analyzing a building’s lighting needs based on factors such as square footage of the area to be lighted, hours of operation and current energy use.
The retrofit is tailored to the customer’s specific needs with long-lasting, energy-efficient, environmentally-
Energy savings varies with the facility. But LED lights have an average life of 50,000 hours, about 50 times longer than equivalent incandescent bulbs, and require 70 to 80 percent less power. The energy-consuming ballast needed to regulate fluorescent fixtures is eliminated.
“The total energy saving is only one part of the savings that you see. The other part is through reducing maintenance and labor costs,” Cox said.
Interest in LED lighting is growing due to increased emphasis on reducing greenhouse gas emissions, energy conservation and advances in the technology. The Clinton Climate Initiative, former President Bill Clinton’s foundation, is working with the city of Los Angeles to install 140,000 LEDs in a project that is forecast to give the city an energy savings of about 40 percent and reduce carbon emissions by 40 tons per year. It is expected this will save the city $48 million and reduce carbon emissions by 197,000 tons over a seven-year period.
Several universities have undertaken LED retrofits, notably Notre Dame, which reported energy savings of 81 percent.
Among those solutions is to use of state-of-the-
Among other advantages of LEDs: They contain no hazardous mercury, cadmium or lead; operate on low-voltage current; and emit no UV or ultraviolet rays, thus not attracting bugs or dust and remaining maintenance free.
To draw a comparison, Cox holds up a 4-inch PL plug-in compact fluorescent tube, commonly sold in home supply stores. It emits light in 360 degrees, but only half of it projects from the fixture. Houri’s LED version of the same plug-in has light emitting diodes along one side, eliminating the waste of energy.
The difference becomes even starker when you compare the LED’s richer, truer quality of light, void of annoying flicker and buzz.
“The difference is other types of lighting is mechanical, it’s based on gas in a tube or bulb. It’s going to be very difficult to improve on at this point,” Cox said. “We’re putting high-technology into creating innovative products, and it’s evolving quickly.”
Amerikana Green Energy can incorporate a variety of lighting panels and bulbs of various sizes into its lighting solutions, available in an array of colors. Being very small, LEDs can be easily integrated into all sorts of objects, furniture and architecture as colorful accents or hidden light sources.
“We are offering the possibility for every company and facility in America to become energy-efficient and green, to aid the environment, to save money and create jobs in their local economy, and to create a more healthy lighting environment,”
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