Trade Resources Industry Trends Exclusive Supply Agreement to Supply LED Lighting Fixtures

Exclusive Supply Agreement to Supply LED Lighting Fixtures

PhotonStar LED,based in Romsey,Hampshire has announced a rolling one year exclusive supply agreement with a major UK house builder to supply LED lighting fixtures for all of the developer's new homes.And the products will be supplied through UK wholesalers.

In 2011,the house builder completed 1500 homes,and is forecasting continued growth.All new properties will be subject to new legislation requiring improvement in energy efficiency including lighting.

The new legislation,"Code for Sustainable Homes,"is an environmental impact rating system for housing in England and Wales.The first level(3)of the code has recently become mandatory on all new properties,with increasing targets for CO2 emission reduction over the next four years.

Developers have tried to achieve these reductions.Following extensive testing over a one year trial,PhotonStar was able to successfully demonstrate cost effective(on a cost per plot basis)CO2 emission reduction in multiple property types through a lighting upgrade.

The financial terms of this contract have not been disclosed,but are expected to have an increasing impact as the House Builder moves to the new property designs.

Source: http://www.ledinside.com/news/2012/9/photonstar_led_sign_agreement_uk_house_builder_20120927
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Photonstar LED Signs Supply Agreement with UK House Builder
Topics: Lighting