Lunera Lighting introduces LightStream Lighting as a service - the Zero CapEx Energy Upgrade


Lunera® Lighting, Inc., a leader in lighting innovations accelerating the transformation to advanced LED technology, is pleased to introduce LightStream(TM) Lighting as a Service (LaaS). Available now, LightStream is a turnkey service that allows building owners and operators to upgrade their commercial lighting infrastructure to LED with zero capital expense (CapEx). This innovative approach enables lighting to be treated as a monthly service. Lunera's award-winning, plug and play LED lamps insure end user satisfaction and eliminate project risk, as no modification to the existing lighting infrastructure is required to convert to LED technology. 

"We designed LightStream to eliminate the financial barriers to adopting LED lighting in commercial properties. It removes the need to make a CapEx decision; it's simply billed monthly as a 'Saved Energy' utility payment, based on kWhrs saved," said Lunera's Vice President of Sales and Marketing, Tom Quinn.

LightStream LaaS takes the risk out of upgrading to LED lighting and enables immediate positive cash flow. Instant energy savings from an LED lighting upgrade offers an unlimited Internal Rate of Return (IRR). Facilities can customize the service by determining the term length and percentage of energy savings used. Because the Saved Energy utility rate is fixed, the service provides insulation from fluctuating or seasonal utility rate changes. 

LightStream's turnkey service includes: project management, logistics, materials, installation and contract period maintenance. It gives commercial building owners and operators the financial freedom they are looking for in deploying LED technology. 

Once the contract has been completed, the high quality LED lamps remain with the facility to continue providing long-term savings on utility payments. 

For more information, visit http://www.lunera.com.



March 17, 2016


Topic Area: Press Release


Recent Posts

Case Study: How NYU Langone Rebuilt for Resilience After Superstorm Sandy

Although the damage was severe, it provided a valuable opportunity for NYU Langone to assess structural vulnerabilities and increase facility resilience.


Frederick Health Hospital Faces 5 Lawsuits Following Ransomware Attack

The lawsuits accuse FHH of inadequate cybersecurity, poor breach notification and failing to protect patients from identity theft risks.


Arkansas Methodist Medical Center and Baptist Memorial Health Care to Merge

They have signed a non-binding letter of intent to complete a shared mission agreement to merge the two organizations.


Ground Broken on Intermountain Saratoga Springs Multi-Specialty Clinic

The clinic is scheduled to open and start seeing patients in the fall of 2026.


Electrical Fire Tests Resilience of Massachusetts Hospital

Signature Healthcare Brockton Hospital used opportunity to renovate key systems and components and expand facility operations.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.