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Related: About this forumCree Launches $99 LED Street Light
Cree Launches $99 LED Street Light
Cities are already flocking to LED street lightscould this be the final push?
KATHERINE TWEED: AUGUST 6, 2013
Cree (NASDAQ: CREE) already passed one lighting milestone earlier this year, offering a warm white light-emitting diode (LED) bulb for less than $10.
The LED company is now taking another step in low-cost, high-quality LEDs for another sector: street lighting. The XSPR LED residential street light will sell for as little as $99 while using more than 65 percent less energy, according to the company.
The new street light ideally replaces high-pressure sodium fixtures of up to 100 watts, according to Cree, and can offer payback in less than one year.
As a relative newcomer, Cree is incentivized to push the pricing boundaries of LEDs, compared to incumbents that still make plenty of money in the traditional street light sector with HIDs, and therefore are less interested in aggressive LED pricing, said Jon Guerster, CEO of Groom Energy Solutions. Because Cree makes high-quality products, taking a price leadership role is more significant than pricing statements by less known, less established Asian vendors trying to buy market share, he added.
The low price might just be the final straw in the push...
Cities are already flocking to LED street lightscould this be the final push?
KATHERINE TWEED: AUGUST 6, 2013
Cree (NASDAQ: CREE) already passed one lighting milestone earlier this year, offering a warm white light-emitting diode (LED) bulb for less than $10.
The LED company is now taking another step in low-cost, high-quality LEDs for another sector: street lighting. The XSPR LED residential street light will sell for as little as $99 while using more than 65 percent less energy, according to the company.
The new street light ideally replaces high-pressure sodium fixtures of up to 100 watts, according to Cree, and can offer payback in less than one year.
As a relative newcomer, Cree is incentivized to push the pricing boundaries of LEDs, compared to incumbents that still make plenty of money in the traditional street light sector with HIDs, and therefore are less interested in aggressive LED pricing, said Jon Guerster, CEO of Groom Energy Solutions. Because Cree makes high-quality products, taking a price leadership role is more significant than pricing statements by less known, less established Asian vendors trying to buy market share, he added.
The low price might just be the final straw in the push...
http://www.greentechmedia.com/articles/read/cree-launches-99-led-street-light?utm_source=Daily&utm_medium=Headline&utm_campaign=GTMDaily
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Cree Launches $99 LED Street Light (Original Post)
kristopher
Aug 2013
OP
wandy
(3,539 posts)1. A good direction to move in. Trouble is...............
Some dam fool republican is going to complain that the street lighting looks unnatural as he drives around in his BMW.
Said BMW having LED headlights of course.
OKIsItJustMe
(19,938 posts)3. Nah, I don’t think so
This LED is warm white.
wandy
(3,539 posts)4. Was it invented after 1836? Then republicans will complain about it..........
Seriously, I'm hoping indoor LEDs come down in price a bit. As my CFLs give out (90% of house lighting is CFL and in 5 years I've replaced 2) I will use LED.
OKIsItJustMe
(19,938 posts)5. I don’t think we should demonize all Republicans…
just because a few notable Republicans are uh whats a nice way to put it reactionary conservatives
Lugal Zaggesi
(366 posts)2. Cree is a very innovative American company, based in North Carolina
They have cheap LED bulbs at Home Depot these days - $13 for a 60W equivalent bulb (they use only 9 watts, and last 23 years). I'm looking forward to their 100W equivalent bulb soon.
http://www.forbes.com/sites/christopherhelman/2013/05/22/how-cree-perfected-the-20-year-lightbulb/
How Cree Perfected The 20-Year Lightbulb
This story appears in the June 10, 2013 issue of Forbes.