PowerSecure International, Inc.’s (POWR) EfficientLights Expect 2009 Revenue for Refrigerated Case Lighting to Reach $20 Million
PowerSecure International, Inc., a leading provider of energy and smart grid solutions, recently announced that its EfficientLights refrigerated case lighting is being installed by major retailers, and the company expects revenues to reach $20 million for 2009, a growth rate of 650 percent over 2008. Over 100,000 EfficientLights fixtures have been installed year-to-date by major grocery, drug, and convenience store chains. PowerSecure’s EfficientLights reduce lighting energy costs by approximately 70%, decrease maintenance expenses and eliminate mercury-containing fluorescent lights. Bryan Beatenbough, president of EfficientLights, commented, “Our lights are built to deliver consistent, high-quality light over the long haul. An important element…