LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA has launched the XSPR LED Residential Street Light, which delivers better lighting while consuming over 65% less energy at an initial cost as low as $99 for common applications.
Cree says that the XSPR street light is suitable as a replacement for municipalities and cities using outdated high-pressure sodium fixtures up to 100 watts and can deliver payback in less than one year (based on municipal usage of 12 hours per-day and the US national average of $0.11 per kWh electric costs).
"With the low initial price of the XSPR street light and the dramatic energy savings, wholesale replacement of existing street lights becomes a simple choice," reckons Al Ruud, Cree vice-chairman, lighting. "Utilities and city managers can now improve the lighting in their neighborhoods, save energy and see payback in less than a year," he adds.
Extending the technical breakthroughs of the XSP Series LED Street Light portfolio, the 25-watt and 42-watt XSPR street light is designed to replace up to 100-watt high-pressure sodium street lights, reducing energy consumption while improving lighting performance. Cree says that its NanoOptic Precision Delivery Grid optic technology achieves better optical control than traditional street lighting fixtures and efficiently delivers white uniform light. In addition to a low initial cost and significant energy savings, the XSPR street light is backed by Cree's 10-year warranty.
"Street lighting is our city's largest single energy-related cost, and the XSPR street light appears to dramatically change the economics of LED relative to traditional lighting technologies," comments Dan Howe, assistant city manager, City of Raleigh, NC, USA. "This breakthrough technology can change the total cost of ownership equation, encouraging municipalities to transition sooner to LED with less risk, and redirect resources to other important community needs," he reckons.