In order to compete with the current mainstream 8 watt LED bulbs in
convenience stores, the price of Philips' latest 8 watts LED bulbs decreased by
as much as 33.39%, compared with Taiwan's two major brands, it has zero spreads
from the price of Delta, 7-11 dual-brands, and it shows price difference of only
50 Yuan from Everlight.
LightCap I Fund will now offer Revolution Lighting customers with flexible,
customized and turnkey financing solutions that will allow them to invest in LED
lighting projects and benefit from the significant savings in energy and related
costs without any initial investment. The financing will generally cover all LED
product purchases and associated costs, including amortization, and enable
Revolution Lighting customers to retain a significant portion of the annual
savings from day one.
“Commercial, industrial, municipal and university customers are recognizing
the significant financial savings that can be realized from the transition to
solid state LED sources,” said Robert V. LaPenta, Founder, Chairman and CEO of
Aston Capital. “We are creating LightCap I Fund to provide Revolution Lighting
customers with the necessary capital to purchase and install LED products, a
challenge that has historically kept certain customers out of the LED market.
Now, they will be able to make the proven transition and quickly benefit from
the financial return on their LED investment.”
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