This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cree LED Lighting Delivers Improved Light Quality And Exceptional Energy And Maintenance Savings To The Albuquerque Convention Center

Stocks in this article: CREE

The Albuquerque Convention Center, a multi-purpose event complex with more than 270,000 square feet of meeting and exhibit space, recently selected energy efficient LED lighting from Cree, Inc. (Nasdaq: CREE) to improve the facility and provide better illumination for visitors. Powered by Cree TrueWhite ® Technology and Lutron ® controls, the LED luminaires deliver superior light quality to the East Complex of the Convention Center, while reducing the Convention Center’s annual lighting energy usage from an industry standard 40 percent to just 7.6 percent of its total energy usage.*

“As a multi-purpose facility, high-quality LED lighting can truly enhance meeting and event spaces, making the Convention Center more attractive to tourists while lowering electricity use and maintenance costs,” said Tony Gurule, energy and sustainability program manager for the City of Albuquerque. “We conducted a study of various LED lighting manufacturers, and Cree and Lutron, with complementary lighting and controls, offered the ideal solution for us.”

Backed by an industry-leading 10-year warranty, Cree’s innovative CR Series LED architectural troffers, CS Series LED linear luminaires and both the SR6™ and LR6™ LED architectural downlights provide an exclusive combination of state-of-the-art efficacy, exceptional light quality and color consistency . Combined with a Lutron EcoSystem ® control system, the LED lighting installation is anticipated to deliver more than $120,000 in yearly maintenance savings and a reduction of more than $100,000 in annual energy costs, adding up to a rapid payback for the Convention Center.

Thanks to the Cree ® LED lighting solution, the Albuquerque Convention Center now has the ability to tailor the lighting according to each occasion–whether it’s a large event or more intimate use of the space–adding a new dimension to the Convention Center staff’s ability to sell the space.

Gurule continued, “The high-quality illumination delivered by the LED lights makes the ceilings look higher, the restrooms and stairwells brighter and makes all of the colors in the East Complex incredibly vivid. We’re excited to see economic development initiated by this installation and how it will benefit Albuquerque.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs