The cost to upgrade to LED street lighting has fallen by nearly 50 percent in the global market over the last two years, and analysts expect the prices to continue to decrease. Technological improvements of LED street lights have also helped to garner attention and interest in the lighting solution.
Leadership in Energy and Environmental Design (LEED) certification has encouraged building and business owners to become more energy efficient, and helps to reduce energy and maintenance costs. One way businesses are working toward the certification is by upgrading to more efficient lighting fixtures, which reduces a building’s overall energy consumption.
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