Revolution Lighting Technologies, a provider of advanced LED lighting technology, announced that SL Green Realty, a leading commercial property owner in New York City, has selected its Seesmart brand LED tube lamps for the second phase retrofit at ten SL Green properties, saving $300,000 annually.
“SL Green’s continued use of our Seesmart brand LED products reflects the growing market confidence in the LED industry, and Revolution Lighting’s capability to deliver leading LED solutions for our customers,” said Charles J. Schafer, Revolution Lighting president and chief financial officer.
The first association between the companies started in 2012 when SL Green worked with TriState LED, Revolution Lighting’s leading distributor of Seesmart brand LED products to install 16,000 LED lamps at twenty-two properties, totaling more than seven million square feet, saving $625,000 annually.
With this installation, SL Green achieved a project payback of less than three years, reducing lighting energy use by more than 55 percent, while significantly improving lamp life, often greater than eight years – three to four times longer than other lighting technologies.
TriState LED continues to support SL Green’s second phase, providing 8,000 Seesmart brand LED products at ten properties totaling 5.5M square feet, including 485 Lexington Avenue, 600 Lexington Ave, 750 3rd Ave, 625 Madison, and 1185 Avenue of the Americas in New York City.
SL Green has realized the energy impact of LED in its lighting lifecycle. According to Jay Black, SL Green’s director of Sustainability, LED equipment impacts 90 percent of lighting lifecycle costs through energy use and lamp life, providing $7.4M in total lifecycle savings for SL Green.