Independence LED Lighting Launches $10 Million “Energy Independence Day” Program
WAYNE, PA, July 2, 2014 -- Independence LED Lighting, the award-winning U.S. manufacturer of LED tubes and LED fixtures, announced today its $10 million program, “Energy Independence Day.” The program celebrates the 4th of July and jump starts U.S. small businesses and institutions on the path toward energy savings with proven American made LED technology. The program covers up to $10,000 per organization for the first 1,000 that register in July 2014. The U.S. made Independence LED lights save over 50% on energy with the industry leading 10 year warranty. Energy Independence Day empowers decision makers to start by seeing the value of LED samples in their own ceiling. This 4th of July program helps reduce operating costs and create American jobs.
Small Businesses: The U.S. Small Business Administration defines "small businesses" as companies organized for profit with certain levels of employees and sales revenue by category. For this program, Independence LED will go beyond the SBA definition to include registered non-profit organizations as well. For the SBA definition, see below and here: http://www.sba.gov/content/what-sbas-definition-small-business-concern
Institutions: Educational institutions for K-12, college, and graduate school are eligible if they have demonstrated at least some other sustainability initiative beyond lighting over the past two years. Qualifying measures range from improved HVAC to renewable power.
If you feel that your business or organization qualifies, then please register here: Register
On the web form, under Inquiry Details, please enter "Energy Independence Day Program" and the approximate square footage of your facility. We will use the date stamps on the registration form to determine the first 1,000 recipients for this program. If and when unqualified applicants register, then we will include the next qualified date stamp entry.
“Our founding fathers took a bold step declaring independence and ushering in democracy over monarchy that was previously accepted as standard,” said Charlie Szoradi, CEO of Independence LED. “Since moving our manufacturing from China to Pennsylvania in 2010, we have helped hundreds of businesses including Fortune 100 companies, the U.S. military, and U.S. government agencies replace ‘standard’ lights. Major organizations often have staff electricians. So, to help small businesses, we are also offering to cover installation labor costs for our sample LEDs as a program bonus.”
Jump Start Incentives up to $10,000 per U.S. Small Business or Institution:
- Cash for Clunkers Buy Back on ANY existing fluorescent tubes at $1 per linear foot
(e.g. common 4’ tubes earn $4 each), when replacing them with American Made Independence LED tubes or fixtures.
- FREE Lighting Savings Analysis based on information provided on the existing lights.
- 100% Satisfaction Guarantee on samples ordered for the 60 day review period.
- Manufacturer Direct Pricing for samples and orders placed in July 2014, regardless of volume levels.
- $0 cost financing options for qualified buyers.
Bonus: FREE installation on Independence LED samples per mutually approved project plans.
CALCULATIONS on Size of Impact:
Businesses or institutions of any size and type as well as government facilities from the local fire house to the State Department, can switch to energy efficient lights right now. According to the U.S. Department of Energy, there are 2.3 billion fluorescent tubes in American ceilings (Source 1). The ubiquitous 4’ tube uses 32 watts while leading Light Emitting Diode (LED) tubes run on only 12 watts. The 20w savings x 3,000 hours / year adds up to 60 annual kilowatt hours saved. At the U.S. average of about $.12/kWh, the annual savings is $7.20 per tube. At 1.34 lbs of CO2 saved per kWh (Source 2), 80.4 lbs of CO2 are saved per tube per year. With 2.3 billion tubes, the annual savings is $16.5 billion and 184.9 billion lbs of CO2. Over the 20 year life of the LEDs, the savings is $331.2 billion and 3.7 trillion lbs of CO2. That is just for changing the fluorescent tube lights in the U.S. With socket and other bulbs, the savings numbers could double.
From Diners and Bowling Alleys to Schools and Retirement Homes; from Hotels and Hospitals to Apartment Buildings and Parking Garages; from Fire Houses and State Representative Offices to Shopping Malls and Office Buildings and from Factories and Warehouses to any Police Station and building in America…the saving with LED tubes and fixtures is a powerful way to reduce costs and foster environmental sustainability.
(Source 1) Tube Data: http://www.independenceled.com/t12_to_led_tube_white_paper - - See Appendix #5
(Source 2) CO2 Data: http://www.independenceled.com/led_tube_co2_reduction
What is SBA's definition of a small business concern?
SBA defines a small business concern as one that is independently owned and operated, is organized for profit, and is not dominant in its field. Depending on the industry, size standard eligibility is based on the average number of employees for the preceding twelve months or on sales volume averaged over a three-year period. Examples of SBA general size standards include the following:
- Manufacturing: Maximum number of employees may range from 500 to 1500, depending on the type of product manufactured;
- Wholesaling: Maximum number of employees may range from 100 to 500 depending on the particular product being provided;
- Services: Annual receipts may not exceed $2.5 to $21.5 million, depending on the particular service being provided;
- Retailing: Annual receipts may not exceed $5.0 to $21.0 million, depending on the particular product being provided;
- General and Heavy Construction: General construction annual receipts may not exceed $13.5 to $17 million, depending on the type of construction;
- Special Trade Construction: Annual receipts may not exceed $7 million; and
- Agriculture: Annual receipts may not exceed $0.5 to $9.0 million, depending on the agricultural product.