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Energy Source Completes LED Retrofit for Brandeis University

Company installs industry-leading LED technologies to reduce annual lighting costs by almost 80% and create more productive learning environments for students and faculty

PROVIDENCE, R.I., Dec. 06, 2018 (GLOBE NEWSWIRE) — Energy Source, a division of Revolution Lighting Technologies (RVLT), today announced that it has recently completed an LED retrofit project for Brandeis University, a private university in Waltham, MA. The LED retrofit took place at the university’s 65,000 square foot Carl and Ruth Shapiro Campus Center, home to study spaces, a theater, libraries, a café, lounges, a bookstore, and student life offices. The retrofit of Brandeis University is a continuation of Energy Source’s work as a program contractor within the Eversource Commercial & Industrial (C&I) retrofit program.

The project began with a comprehensive assessment by Energy Source to develop the most energy efficient solution. This included a replacement of some of the existing antiquated lighting with LED solutions throughout the Carl and Ruth Shapiro Campus Center. The retrofit is expected to reduce Brandeis’ annual lighting costs by 78% while delivering superior light output to ensure a highly productive environment for students and faculty.

Energy Source managed every phase of the project, providing turnkey services that included scope development, material selection, incentive procurement, and project management. They also worked to secure project incentives that will help Brandeis University secure a payback of under 5 years.

“We were able to vastly improve the quality of light by switching over to LEDs. Areas that were under lit before are now bright and welcoming while using less energy,” said Mary Fischer, Manager of Sustainability Programs, Brandeis University. “We were able to replace some of the old fixtures with half as many LED fixtures due to their increased lumen output per fixture. The LEDs will last longer, reducing the need for costly replacements in that problem area.”

“We are proud to work with Brandeis, providing comprehensive turnkey services and industry expertise to exceed their project goals,” said Tim Blanchard, CEO, Energy Source. “We take great pride in our capabilities and experience to support C&I business energy efficiency needs throughout the northeast.

The completed work for Brandeis marks a successful Eversource C&I retrofit project, supporting the state’s Mass Save program and helping to maintain Massachusetts’ #1 state ranking for energy efficiency, according to the American Council for an Energy-Efficient Economy (ACEEE). In partnership with Eversource, Energy Source helps businesses prioritize ways to reduce energy and costs by identifying and implementing cost-effective energy efficiency opportunities, including lighting, controls, HVAC and motor upgrades, refrigeration controls, and other measures to reduce both electric and gas consumption. Energy Source promotes education to encourage replacement of existing equipment with high efficiency options to reduce both electric and gas usage. Project incentives are available, which could cover up to 75% of qualified project costs and achieve a payback as low as one year.

As a leading provider of LED solutions and services, Energy Source partners with each customer and its approved installation contractor to ensure each project maximizes its goals. For more information about how Energy Source can support your lighting retrofit project, please call 1-833-SAVE kWh or email info@energysource.com.

“We are proud to work with Brandeis, providing comprehensive turnkey services and industry expertise to exceed their project goals. We take great pride in our capabilities and experience to support C&I business energy efficiency needs throughout the northeast.”

CEO, Energy Source
Tim Blanchard

About Revolution Lighting Technologies Inc.

Revolution Lighting Technologies, Inc. is a leader in the design, manufacture, marketing, and sale of LED lighting solutions focusing on the industrial, commercial and government markets in the United States, Canada, and internationally. Through advanced LED technologies, Revolution Lighting has created an innovative lighting company that offers a comprehensive advanced product platform of high-quality interior and exterior LED lamps and fixtures, including signage and control systems.

Revolution Lighting is uniquely positioned to act as an expert partner, offering full-service lighting solutions through our operating divisions including Energy Source, Value Lighting, Tri-State LED, E-Lighting, All-Around Lighting and TNT Energy to transform lighting into a source of superior energy savings, quality light and well-being. Revolution Lighting Technologies markets and distributes its products through a network of regional and national independent sales representatives and distributors, as well as through energy savings companies and national accounts. Revolution Lighting Technologies trades on the NASDAQ under the ticker RVLT. For more information, please visit rvlti.com or connect with the Company on Twitter, LinkedIn and Facebook.

Investor Relations Contact:
Amato and Partners, LLC
Investor Relations Counsel
admin@amatoandpartners.com

Media Contact:
Matthew Bretzius
FischTank Marketing and PR
matt@fischtankpr.com

Source: Revolution Lighting Technologies

Released December 6, 2018