DOLPHY,
Wanted to address your concern about the price of SAVW’s products and “WHY” people would buy them? I have to disagree with you about the market and while $7000-10,000 may be alot to us it's a drop in the bucket to many.
The answer is it’s all about money and showing the public "we" are doing our part. These products are Energy Star rated and up to 40 % of the cost can be tax deductable. Tax deductions, energy savings, and the green movement make LED’s very attractive. The government has issued lighting upgrade mandates, along with hugh tax incentives, and they will be in the forefront of issuing large retrofit contracts for government buildings all over the world. Baltimore is only 30 mins form Washington DC, these two cities and the surrounding area have large concentration of government buildings in immediate need of this type of product to meet energy reduction guidelines. Geographically this location make perfect sense for SAVW”S warehouse. Government agencies and large cooperate entities are already issuing contracts and the prices you mentioned are a drop in the bucket when you conduct a cost benefit analysis.
This was taken from The National Light Bureau (NLB)
Silver Spring, MD—More than 2.2 million of the nation’s 2.7 million older (pre-1980) commercial buildings have been using the same lighting for the past three decades, the National Lighting Bureau reports, citing data published by the Department of Energy’s (DoE’s) Energy Information Administration (EIA). The Bureau estimates that 3 million or more commercial and other nonresidential buildings are candidates for money- and energy-saving lighting-system upgrades.
NLB Chair Robert W. “Rob” Colgan, Jr. (National Electrical Contractors Association) said he expects the pace of lighting-system renovation to accelerate because of what he characterized as “carrots and sticks.” The sticks include a federally mandated phase-out of older, inefficient technologies, like magnetically ballasted T12 fluorescent lighting, as well as rising energy costs that make energy waste that much more expensive. The carrots include federal tax incentives designed to encourage lighting-system upgrades in commercial buildings, as well as a variety of state and utility-company incentive programs. “But the biggest incentive has to be the money owners and managers can save through lighting-energy efficiency,” Mr. Colgan said. “Just replacing outmoded T12 fluorescent lighting with T8 or T5 fluorescent lighting can cut the ‘light bill’ by up to half. And because the new technology is far more easily controlled, occupancy sensors, daylight harvesting, and a variety of other energy- and dollar-saving control strategies can be applied, generating paybacks that can easily equate to 30%, 40%, and higher annual returns on investment.”
AI
