US LED Launches Light Now Lighting as a Service Program
U
S LED, the leading provider of ultra-long-life LED lighting solutions, announced today the launch of its new Lighting as a Service (LaaS) program - Light Now. With the introduction of Lighting as a Service, US LED will be able to offer customers the opportunity to install new LED lighting solutions in their facilities with no upfront capital.
This allows businesses to benefit from new LED lighting as a monthly service agreement and avoid taking on capital expenditures on their books. We are excited to further expand our offerings with LED lighting in the marketplace, said Ron Farmer, CEO at US LED. We believe that this new program will distinctively position us to capitalize on the continued growth of turnkey LED lighting that's supported by our industry-leading project management team.
What is Lighting as a Service (LaaS)?
For companies looking to increase efficiencies, Lighting as a Service (LaaS) reduces overall energy consumption and eliminates maintenance. It's an all-inclusive subscription that allows business owners the ability to have energy-efficient LED lighting with no upfront capital. Monthly payments divide the cost of the new LED lighting, the installation, and the maintenance. Because Lighting as a Service is defined as a service agreement, it's designated as an operating expense and not a capital expenditure on the books. For more information about the Light Now Lighting as a Service Program https//hubs.ly/H0nbcyC0
โ๏ธ US LED Launches Light Now Lighting as a Service Program
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