Cree Converts to LED Lighting

Cree, Inc. (NasdaqGS:CREE), one of the leaders in LED solid-state lighting components, is converting all lighting at its Durham headquarters and manufacturing facility to LED lighting and released the results of the first phase of the conversion.


In a study of the energy usage before and after the lighting conversion, Cree confirmed the energy savings of the newly installed LED lights. The findings indicate that the new LED lights use 48% less energy than the incandescent, fluorescent and high-pressure sodium lights they replaced. The combination of the energy savings, reduced maintenance and disposal costs and the environmental savings demonstrate that LED lighting is now a real alternative to traditional lighting solutions.


Cree’s local utility, Duke Energy, is collaborating with Cree to explore the benefits of LED lighting. Said Ted Schultz, Duke’s vice president of energy efficiency, “We expect our energy efficiency plans to be approved next year and are committed to having a complete line of lighting solutions available for customers.”


“Conventional wisdom is that LED lighting is years away from widespread adoption. The truth, however, is that the performance of Cree’s LED technology enables real LED lighting solutions today,’ said Chuck Swoboda, Cree chairman and CEO.


Cree has launched a new website to share the results and implementation details of the LED Workplace lighting conversion with other organizations.

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