Feb 9 2010
Sunovia Energy Technologies (OTC Bulletin Board: SUNV) announced today that its EvoLucia™-brand 75W LED cobra head has been sanctioned by Pacific Gas and Electric Company (PG&E) for inclusion in PG&E's LED Street Light Rebate Program.
PG&E customers who install EvoLucia LED cobra head fixtures or replace existing fixtures with an EvoLucia LED cobra head fixture now qualify for both a lower monthly billing rate and a substantial rebate. PG&E's Street Light Rebate Program allows customers to significantly accelerate their payback period of the EvoLucia cobra head LED fixture (LED lighting payback periods refer to the time required to recover the costs of the new fixture through the improved energy efficiency and extended lifetimes of the LED fixture.) Combining the additional savings with EvoLucia's extended product life times and warranties will further advance the EvoLucia product families as the number one choice for both fiscally and environmentally responsible lighting solutions.
The EvoLucia cobra head fixture is ideal for roadway and parking lot installations. The replacement of California's antiquated street lights with the new EvoLucia cobra head LED fixture would reduce the state's energy consumption by as much as 50% at each fixture.
According to PG&E, only LED products that utilize the latest in LED technology and offer supreme energy savings, lighting quality, and lifetime benefits are approved for the program. To qualify for the PG&E LED Street Light Program rebate inclusion, LED products must meet the stringent performance standards that PG&E has developed with the guidance of the U.S. Department of Energy. For additional details about PG&E's Street Light Rebate Program.
Sunovia President, Bob Fugerer, stated, "Our proprietary Aimed Optics™ product development platform has the potential to revolutionize street lighting, and passing PG&E's rigorous quality and performance standards is certainly a validation of our technology and the incredible work that continues to be accomplished by the EvoLucia team." Fugerer added, "PG&E's Street Light Rebate Program is a model that is fiscally and environmentally responsible, and should be adopted by utilities all over the United States. I compliment PG&E for implementing a program that saves energy, saves money, reduces pollution and promotes both practical and technologically-advanced solutions within the street lighting markets."
Dan Puccio, Senior Engineer at Sunovia, stated, "Our robust Aimed Optics product development platform allows us to engineer LED lighting fixtures that achieve the highest performance levels with fewer LEDs. We are capable of replacing virtually every inefficient bulb and/or fixture on the roadways today with a more energy efficient and economically responsible LED lighting solution. It is truly a pleasure to engineer products that reduce our dependence on fossil fuels and create a climate of healthy energy."