PowerSecure (POWR) has introduced its new SuperTube LED lighting fixtures which are designed to replace overhead fluorescent tubes in commercial applications, increasing energy efficiency and cutting costs. The UL certified lighting solution is available and has already been installed for a customer. They are specifically designed for indoor T8 and T12 retrofit applications and offer 75% greater efficiency over traditional lighting. Another benefit is that they reduce maintenance costs due to a long lifespan of 10 years
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Sidney Hinton, CEO of PowerSecure, said, "We invested the last twelve months developing this technology to deliver a product that maximizes lighting quality at the lowest possible cost. The market for energy efficient overhead LED lights to replace fluorescent T8 and T12’s is simply enormous, and we believe we have a great product designed to address key needs in the marketplace. The most important of these attributes is that the SuperTube improves the quality of light in the workplace significantly, and delivers a strong energy efficient return on investment for our customers. I am pleased to report that our first installation was a terrific success, as I was blessed to witness the installation and hear our customer’s praise for the SuperTube first hand – which was reinforced by the fact that they have already ordered a second shipment.”
Technically, shares of PowerSecure (POWR) are much improved after gapping up off the bottom following earnings. After a short consolidation phase, it appears the stock may be ready to move again.