PowerSecure (POWR) Unveils New LED Product For Utility Market
PowerSecure just announced that it is releasing a new product: an LED light for the utility market. Made to light up streets and sidewalks, the light boasts the following benefits: 2/3 less energy consumption, 5 times longer life (which reduces maintenance costs), and improved quality of light with minimal light pollution.
The company has already received its first order for the product from a large electric cooperative. The cooperative has ordered 200 of the lights.
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In a press release, Sidney Hinton, CEO of PowerSecure, commented on the news:
“We are very excited about the potential for the new area light. Just one week after unveiling it to the market, we received our first order. This is a testament to the strength and ingenuity of the light’s innovative design, which delivers a fantastic quality of light and minimizes on-going maintenance cost — providing utilities with a strong return on their investment. We are very encouraged by the initial feedback we are receiving from customers on this new product and its potential in the marketplace.”
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