Market Overview

LED Penetration Can Bolster Lighting Rebates for Innovative Commercial Customer Programs and Still Drive Significant Savings Opportunities

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Utilities should take steps to offer market-relevant commercial
lighting programs in the US

A new report from Navigant
Research
explores the opportunities for redesigned lighting rebate
programs in the US and the benefits for utilities and lighting
technology providers.

As adoption of LED lighting technology saturates the commercial lighting
market, the future of US lighting rebate programs for commercial
customers is being called into question. Despite the increasing uptake,
lighting rebates for commercial customers can still drive significant
savings opportunities. Click
to tweet
: A new report from @NavigantRSRCH
explores the opportunities for redesigned lighting rebate programs in
the US and the benefits for utilities and lighting technology providers.

"Advanced solutions for lighting retrofits can validate the continued
focus on lighting for achieving the energy savings goals of utility
rebate programs," says Casey Talon, principal research director with
Navigant. "The benefits of technological innovations like connected
lighting and the Internet of Things (IoT) support sustained investment
in lighting programs."

In the report, Navigant recommends utilities take steps to offer
market-relevant commercial lighting programs in the US to remain
competitive. These recommendations include assessing local customer
demands and needs, offering differentiated programs for different
customer segments aligned with market demands, evaluating internal
program capabilities to develop new partnerships, and investing in
marketing, education, and building new technical capabilities with trade
allies and program administrators.

This report, Mass-Market
LED Adoption in the US: An Opportunity for Innovation
, explores
the opportunities for redesigned lighting rebate programs in the US and
the benefits for utilities and lighting technology providers. The study
analyzes the prospects tied to innovating lighting rebate programs for
commercial customers. It also provides an analysis of the market issues,
including business cases and implementation challenges, associated with
new rebate approaches tied to networked and IoT lighting in the US. An
Executive Summary of the report is available for free download on the Navigant
Research website
.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team's research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant's
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant's
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report,
Mass-Market LED Adoption in the US: An Opportunity for
Innovation, is a summary and reflects Navigant Research's current
expectations based on market data and trend analysis. Market predictions
and expectations are inherently uncertain and actual results may differ
materially from those contained in this press release or the report.
Please refer to the full report for a complete understanding of the
assumptions underlying the report's conclusions and the methodologies
used to create the report. Neither Navigant Research nor Navigant
undertakes any obligation to update any of the information contained in
this press release or the report.

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