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Hubbell Lighting Launches Program to Expedite Lighting Retrofit Projects

 Source : GG-LED August 1 , 2013

AbstractHubbell Lighting today announced an innovative program focused on accelerating the adoption of energy efficient lighting and controls technologies called “createchange”.

Hubbell Lighting today announced an innovative program focused on accelerating the adoption of energy efficient lighting and controls technologies called “createchange”. The initiative helps end users see through and beyond what many find as an uncertain process to envision what the impact of energy efficient retrofit solutions look like at their facilities. With createchange®, Hubbell Lighting has made retrofit projects easy with a comprehensive suite of tools and services available at its site. Coupled with the company’s recently announced flexible funding program called Cash Flow Positive, the programs give customers the resources they need to maximize energy savings and ensure project success.

A crucial part of the createchange® program is “Compare in the Air”. Once customers have plotted their retrofit through using the company’s audit tools, Hubbell Lighting will allow them to test those plans in real time at their facility with no risk. Specifically, customers can select and install up to four Hubbell products and monitor the results for 90 days. After experiencing this, customers can decide either to keep the products and move forward with their lighting retrofit project, or return them for a full refund.

The createchange® program is significant because lighting represents 30% to 50% of the energy used in most facilities, according to the U.S. Department of Energy, and is the easiest and least costly energy consumer to upgrade. In fact, a well-executed lighting retrofit can reduce energy usage by up to 60%, translating into an improved EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of 17% for warehouses and manufacturing facilities, a 4% increase in earnings at automobile and truck dealerships, and a 3% increase in net operating income for commercial buildings.

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