The benefits of replacing existing lighting with LEDs.

The benefits of replacing existing lighting with LEDs.

  • Posted: Mar 11, 2016
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As recently as 2007, the LED lighting market was valued at just $340 million, however that number is expected to grow to $7.3 billion by 2014. “The adoption of LED is happening on two fronts. Manufacturers have seen the trend for more energy efficient lighting and are committing significant resources in research, design and manufacturing.Fluorescent lighting is already be phased out around the world and the United States, Canada, Malaysia and South Korea are set to phase out fluorescent lighting in 2014. This phase out means there is tremendous growth potential for the LED industry”, explains, Michael Smith, president of Brite LED Solutions. LED lighting is not new, or cutting-edge technology, it’s been around for years, however it’s now becoming more popular as energy cost of risen and the prices for LED’s have dropped and every business is looking to reduce overhead cost, especially because of the shrinking economy over the last 5 years. LED makes a powerful case since the ROI (return on investment) is usually within 2 years, and in facility which operates 24/7 the payback can be less than 1 year. The enormous potential for electricity conservation through LEDs will further help drive revenues in the industry. When savings average between 50 and 80 percent of energy costs compared to conventional lighting our LED products are a sound investment for any business. Our company has a strong background in LED lighting and realize that our customers expect a high level of service which is always something we continually strive to do and improve on. Brite LED sells to the wholesale market, electrical contractors and works with property management companies. We also export our LED products internationally, especially the Caribbean and Latin America. Look at some of our new products: Featured in the March Edition of Florida Rising Magazine http://www.briteledlighting.com/ Please visit our office and showroom at 230 West 29th Street Miami, Florida 33012 786-563-3160  …

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