Cree LED Street Lighting Delivers $57 Million Total Lifetime Savings to the Nation’s Largest Township
01 December 2016 - 1:00AM
Business Wire
Hempstead, N.Y. Converts More Than 50,000
Street Lights to Better LED Technology
The Town of Hempstead, N.Y., the largest township in the
country, is making the switch to LED technology with the conversion
of more than 50,000 high-pressure sodium fixtures to LED street
lights from Cree, Inc. (Nasdaq: CREE). The installation is already
underway with future phases planned to bring LED lighting to the
town’s municipal buildings, parks and marinas. The street light
project delivers an anticipated two and a half-year payback with
nearly $3 million in annual energy savings and $57 million in total
lifetime savings.
“The use of environmentally friendly technology is a win-win for
the town,” says Anthony Santino, Town of Hempstead supervisor. “The
new LED luminaires generate significant energy savings that provide
unprecedented environmental and fiscal benefits to benefit our town
and residents.”
Hempstead is located in Nassau County, just east of New York
City, and has a population of nearly 800,000, making it larger than
some states and U.S. cities. Looking to improve visibility while
preserving the historic look of the residential streetscape, the
town selected the Cree® DPT Series for Decorative Post-Top
luminaires. The DPT™ Decorative Post-Top luminaire delivers a 3000K
color temperature for warm and inviting illumination, and delivers
up to 74 percent savings over the earlier, outdated technology. The
Cree XSP Series was selected for crisp, clean illumination on major
roadways, and Cree OSQ™ flood luminaires with NanoOptic® Precision
Delivery Grid™ optics were installed in parking lots, where precise
optical control is needed for improved safety and comfort.
Cree was selected for the project after a test installation on
the Sunrise Highway quickly demonstrated impressive annual energy
savings of $75,000, about 63 percent over the previous technology
for that roadway alone. Recognizing the overall savings potential,
Hempstead officials worked with Best LED Group and Cree to design,
assemble and deploy a full package that would provide a better
quality light experience throughout the town. Today, Hempstead has
significantly reduced spending for its street and parking lot
lighting through reduced utility bills and elimination of virtually
all maintenance costs – all while providing better light
experiences over the lighting’s lifetime.
“We had our eyes on LED technology for quite a few years because
of the impressive energy savings. However, we had yet to find the
ideal package that made economic sense,” said Gary Aue, Town of
Hempstead, N.Y. street lighting supervisor. “After reviewing Cree’s
options, we saw there was a lot of money to be saved while
providing the town with new lighting for a greater sense of comfort
and safety that met all our needs, so we proceeded as soon as
possible.”
The town is looking ahead to additional LED lighting
installations in the future, noting their local utility offers
impressive indoor rebates and labor costs supplements for LED
fixtures.
“We’re not stopping until the entire town in converted to LED
Lighting,” said Aue. “Zero maintenance, superior lighting – add in
the standard 10-year warranty and it’s a sure thing.”
Please visit http://lighting.cree.com/town-of-hempstead to read
the full case study and view images of the installation.
About CreeCree is a market-leading innovator of
lighting-class LEDs, lighting products and semiconductor products
for power and radio frequency (RF) applications. Cree believes in
better light experiences and is delivering new innovative LED
technology that transforms the way people experience light through
high-quality interior and exterior LED lighting solutions.
Cree’s product families include LED lighting systems and bulbs,
blue and green LED chips, high-brightness LEDs, lighting-class
power LEDs, power-switching devices and RF devices. Cree’s products
are driving improvements in applications such as general
illumination, electronic signs and signals, power supplies and
inverters.
This press release contains forward-looking statements involving
risks and uncertainties, both known and unknown, that may cause
actual results to differ materially from those indicated. Actual
results may differ materially due to a number of factors, including
the risk that actual savings and lifetimes will vary from
expectations; the risk we may be unable to manufacture these new
products with sufficiently low cost to offer them at competitive
prices or with acceptable margins; the risk we may encounter delays
or other difficulties in ramping up production of our new products;
customer acceptance of our new products; the rapid development of
new technology and competing products that may impair demand or
render Cree’s products obsolete; and other factors discussed in
Cree’s filings with the Securities and Exchange Commission,
including its report on Form 10-K for the year ended June 26,
2016, and subsequent filings.
Please refer to www.cree.com for additional product
and Company information.
Cree® and NanoOptic® are registered trademarks, and DPT™, OSQ™
and Precision Delivery Grid™ are trademarks of Cree, Inc.
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version on businesswire.com: http://www.businesswire.com/news/home/20161130005215/en/
Cree, Inc.Claire SimmonsCorporate
Communicationsmedia@cree.com
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