CRS Electronics MR16 Approved by Two Major Utility Rebate Programs in US

Dec 3, 2010 CRS Electronics Inc., an inventor, developer and manufacturer of LED lighting, has announced that two undisclosed major electric utilities in the US have approved the CRS LED MR16 lamps for an incentive program offered to their commercial customers. The CRS lamp currently is the only LED MR16 approved for a rebate under their program. The Company anticipates shipping product in the first quarter of 2011 with orders starting to be placed over the next month as the utilities roll out the program to their commercial customers. Customers that qualify for the rebate will be able to purchase the product at a small fraction of the regular cost.

Features of MR16 LEDs
•    Direct MR16 LED replacement
•    50.6 Lumens/Watt
•    Operates at 12VAC
•    No heat or UV in the beam
•    Dimmable with some dimmers
•    Automatic temperature sensing circuitry
•    Eliminates heat damage to fixtures and sockets
•    Lead, mercury, and arsenic free
•    Energy reductions of 75%
•    Savings of $175.00 per lamp (based on $0.10/KWh and typical halogen consumption and maintenance costs)
•    No maintenance for 3 years when operating 24 hrs a day 7 days a week, or 5 years at 12 hrs per day

The two undisclosed major utilities service a combined area of more than 100,000 sq. mi. in 40 counties within the continental United States. The opportunity for CRS to capitalize on these rebate programs is significant.

Author:  BIO T&T

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