Yasmine Pedersen, CEO of Lotus Icon Energy: "We are excited to partner with LUXADD's energy saving technology which provides a energy saving solution while supporting the Department of Energy's directives on energy efficiency."
Miami, FL (PRWEB) May 31, 2012
LUXADD, the maker of a new, energy-efficient fluorescent tube lighting replacement product has been recognized by the Long Island Power Authority (“LIPA”) as an energy efficient market partner. This recognition will enable LIPA’s business and commercial customers to buy the LUXADD product, receive a rebate on their purchase and save energy at the same time.
Lighting is the single largest User of Electricity in commercial Buildings
Lighting is an energy hog in our homes and businesses. The new, patented technology from LUXADD allows for easy retrofitting of older, less efficient fluorescent lighting tubes to the T5 tube shape – which saves up to 73% on lighting energy and installs with just one simple “SNAP” – like changing a light bulb.
T12 Phase-out by the Department of Energy starting in July 2012
Most of the standard fluorescent lights in millions of homes and buildings will need to be replaced starting in July 2012. The Department of Energy (DOE) regulations will eliminate the most common T12 tubes. It is estimated that the replacement of 500 million T12 tubes would produce an annual saving of $10 Billion in electricity costs nationwide. LUXADD is the only U.S. manufacturer of the new Express T5 Retrofit Kit Series to meet new Federal law mandating replacement of standard T12 (and elective replacement of T8 fluorescent light tubes to save up to 73% in lighting energy costs).
LOTUS ICON ENERGY will Serve LIPAs Customers in the Rebate Program
To better serve LIPA customers, New York-based Lotus Icon Energy – in partnership with LUXADD – has become an energy efficient market partner of LIPA and will serve LIPA’s customers and partners in the rebate program. The partnership will provide energy cost savings to commercial customers of LIPA.Yasmine Pedersen, CEO of Lotus Icon Energy: "We are excited to partner with LUXADD's energy saving technology which provides a energy saving solution while supporting the Department of Energy's directives on energy efficiency." Lotus Icon Energy will guide potential customers through the entire project including the application process for the LIPA rebates. Inquires and free quotes can be requested via phone (646) 200-5100 or email: email@example.com.
LUXADD joins the T3A Energy Capital Partner Network
T3A Energy Capital provides energy efficient capital solutions with no upfront investment by financing upgrades through the reduction of existing operating expenses and energy budgets. If rebates like from the LIPA program are involved, this will be additional benefit for the customer. Todd Benson, Partner of T3A Energy Capital: “The T3A Performance Contracting is a practical and effective way to obtain the benefits of proven energy-efficient technologies and upgraded lighting infrastructure. With its rapid ROI and minimal transition labor, we found LUXADD to be a perfect fit for our partner network.”
LUXADD can instantly improve lighting energy efficiency and also save on air conditioning electricity costs used to cool the building due to heat produced by old-technology fluorescent lighting. Such savings can be as high as 80%. At the same time, through the patented LUXADD technology, the labor involved in conventional retrofits is entirely eliminated.
LUXADD is a leading lighting solution provider based in Miami, FL and is comprised of experts dedicated to design and manufacture new technologies that improve energy efficiency in lighting, the single largest consumer of electricity worldwide. The U.S. Department of Energy's fluorescent lighting made official that most of the T12 lamps will be phased out of production starting July 2012. Current lighting systems consisting of T12 fixtures with magnetic ballasts will be retrofitted to modern T5 lamp technology with electronic ballast over time. The Express T5 Retrofit Kit for T12 offers the highest ROI on the market with a less than 1 year average. LUXADD’s patented and UL listed technology makes retrofitting as easy as changing a light bulb – made in the US for the US. More information can be found at http://www.luxadd.com
About Lotus Icon Energy
Lotus Icon Energy is a leading clean tech, and fuel cell technology company that strategically partners with companies that provide and create energy saving solutions. In partnership, Lotus Icon Energy develops, acquires and offers leading fuel cell technologies, commercial energy saving solutions, geothermal, biomass, solar technologies solutions and products. More information can be found at http://www.liconenergy.com.
About the Long Island Power Authority
LIPA is a non-profit municipal electric provider, owns the retail electric transmission and distribution system (T&D) on Long Island and provides electric service to more than 1.1 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens. LIPA is the 2nd largest municipal electric utility in the nation in terms of electric revenue, 3rd largest in terms of customers served, and the 7th largest in terms of electricity delivered. In 2010, LIPA outperformed all other overhead electric utilities in New York State for reduced frequency of service interruptions, and ranked second for shortest duration of service interruptions. LIPA does not provide natural gas service or own any on-island generating assets.
LIPA’s mission is to provide highly reliable and economical electric service to our more than 1.1 million customers in Nassau and Suffolk counties and the Rockaway Peninsula in Queens through our valued workforce with a commitment to superior service, accountability and transparency in all operations, while being recognized as a leader in the advancement of efficiency and renewable energy. More information about LIPA can be found at: http://www.lipower.org.
T3A ENERGY CAPITAL
T3A has a track record of success providing its customers with “one stop” capital to finance energy efficiency upgrades with a term of no greater than 5 years. T3A’s expertise and ability to close are unmatched in the industry. T3A possesses the financial capabilities and expertise to structure innovative financing and shared savings models that enable energy efficiency projects to be implemented with no initial capital requirement. Furthermore, the calculation of savings is simplified and focused solely on the electricity savings. Subjective calculations such as maintenance, equipment replacement, and HVAC load reduction are always for the benefit of the customer. More information can be found at http://www.t3aenergycapital.com.