Nov 20 2012
Green Ballast Inc. announced today that Belz Enterprises, a leading US real estate developer, owner and operator for over 70 years, is installing vapor tight florescent fixtures equipped with Green Ballast's patented fluorescent light ballasts in a structured parking garage facility in Memphis, Tennessee.
The new fixtures will reduce electric lighting usage in the facility by up to 72% per year, with Belz receiving a payback on its investment in less than three months for fixtures which have a ten year life expectancy.
GBLL's ballast is a direct replacement for the existing "standard ballast" and adjusts power consumption for each lighting fixture, while measuring and harvesting available daylight to calculate and provide only the amount of needed electricity for proper lighting. It is a "plug and play" solution and has controls within each ballast, providing simple and efficient installation and ongoing maintenance.
"Our solution is being adopted in office buildings, industrial facilities, schools, airports and municipal buildings where lighting is the major electrical expense," said J. Kevin Adams, chief executive officer of Green Ballast. "Parking garage lights are on 24/7 and electricity is an even greater component of the owner or operator's costs. The attractive return on investment in our efficient ballast makes the decision logical and smart from a financial and operational perspective."
"I wish we could get this rate of return on all of our investments and all of our energy control measures were as simple and non-intrusive as Green Ballast. Other systems making similar cost saving claims were substantially more expensive and technologically complicated," said Ron Belz, President and COO of Belz Enterprises.