For a long time, we’ve known that the lighting markets would crash in 10 years, due to the long life of LEDs. 10 years seemed a long way off. However, when I reviewed the ENERGY STAR Roadmapping presentations by the utilities, I see there is an equally large disruption coming in the next 5 years……the likely end of residential lighting program funding. The Northeast utilities project the end of residential lighting rebates around 2019, and the large California IOU utilities project the end around 2017 (only 3 years!).
What will the utilities do after resi lighting? Will the money shift to C&I lighting? This means procrastinating to pursue retail rebates is a bad idea. To discuss how your company can move forward fast on leveraging utility rebates, contact me at: email@example.com .