What happens if you make can't LEDs?

Advanced lighting has us saving not only energy, but also a slew of new screw in a lightbulb jokes brought. For LEDs, it is usually something like: man, how many people need to be a LED lamp screws? A. And a payable roomful of deep wallets.

To be fair, the cost of LEDs (light emitting diodes) has been falling dramatically and is now even competitive with conventional lighting under certain circumstances according to the U.S. Department of energy.

LED systems also offer the big energy bill reduction. Installations numbers quickly for themselves, often in less than two years for the company.

"To have to spend the capital, it is a very straight-forward approach to energy efficiency," said Tom Pincince, President and CEO of the Boston-based digital lumens, in a recent interview.

However, many companies have to spare no capital these days. What then?

This is the next chapter in the history of the LED lighting, depending on the Pincince starts. And it follows the success of the dictation, on other green energy products, as solar and retrofit buildings energy efficiency: find a way to remove the investment costs of the customer.

Digital lumens plans move toward this early, what it next year ' lighting as service ' called business customers store basically their lighting to digital lumens, with a focus on the transaction on the cost of energy, rather than the cost of the equipment.

The customer is a term savings agreement with the company, where digital lumens installs, operates, maintains and updates equipment and software continuously optimized so that the system produces more energy savings. Digital lumens and the customer then to share the saved funds.

The approach requires the contractor to provide lighting to close attention on the customer's system. Lighting maintenance on a daily or weekly basis, quarterly software optimization and replacement every three to five years might occur, he said.

Fine tuning software is particularly important because of the "Intelligence" of today's employs advanced lighting. We must no longer remember to turn the lights out, if we want to leave the room because the light for us reminds. Computer sensors in the lights to keep track of human behavior and respond or you notice when sunlight brightens up a room and they dim accordingly. This could translate into the industrial lights turn on when a worker moves a piece of heavy equipment in a facility and then turn off like the leaves of the employee.

The solar industry situation art as soon as consumer and business friendly financing models found. Pincince sees move the lighting in the same direction. Complete under the popular solar power contract, customers pay no investment costs for solar panels, but only for the energy use of the plates, while installing third, own, manage and finance the system. Lighting offers the opportunity for a similar approach but "negawatts instead of megawatts," he said.

The decline so dramatically as in the past is not important for the LED industry to this turn - new ownership/service models consider - because some forecasters say that while LED costs continue, possibly. Microchip prices most accounted for the fall in prices, and now the LED chips carry less on the total cost. So chip, less impact on the LED prices must drop after digital lumens.

LED is a undoubtedly a hot market. Groom energy pegs 2012 annual market at $630 million in North America and forecast 40 percent annual growth up to the year 2016. That puts the market LED to $1 billion next year.

So you expect to see more and more players like digital lumens market offers new ways to make affordable LEDs. With a little luck, screw in a LED bulb are better jokes.

ELISA Wood is a long-time energy writer, their free newsletter is available at RealEnergyWriters.com.

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