Havertys Furniture Saves $2.2 Million while Spotlighting Home Décor with GE’s LED Lamps
Furniture evaluated its lighting portfolio across all 122 of its
locations, the Southeast-region retailer wanted a solution that would
benefit more than just its bottom line. The technology, performance and
aesthetics of GE’s 14-watt LED Retail PAR38 lamps inspired Havertys to
use GE products to retrofit existing stores and for new construction
moving forward. The switch will mean an average $22,300 lighting cost
savings per store per year (based on a $.10 kWh rate and 4,000 hours of
operation) or $2.2 million company-wide.
The switch to LED retail lighting will save Havertys about $22,300 per store per year. (Photo: GE)
“Our goal was to save money and be good stewards by reducing our energy
footprint,” said Glenn Boone, director of construction and design for
Havertys. “GE’s lamps were an important ingredient in our equation.”
Currently among stores retrofit with GE’s LED lighting, Havertys reports
an average 25-35 percent energy reduction—its Austin, Texas location
alone seeing a more than 40 percent decrease.
To date, Havertys has purchased 10,000 LED Retail PAR38 lamps, with an
additional 5,500 scheduled for delivery. All of its locations are
expected to be completed by 2015. The average store houses 734 fixtures
fit with 90-watt halogen lamps, each costing $36 to operate annually. By
comparison, each GE 14-watt LED lamp will cost only $5.60 to power for a
year. This amounts to a $22,300 savings per store per year, or eventual
$2.2 million cost benefit when all installations are complete.
The design and technology of GE’s PAR38 lamp was also a major selling
point for Havertys. It was important that the LED diodes would not be
visible on the lamps, and so the Visual Comfort Lens™ of GE’s retail
lighting product was, in their words, “a game-changer.”
Thanks in part to technology and the attention paid to energy
efficiency, GE has become Havertys’ PAR38 LED lighting provider.
GE Lighting invents with the vigor of its founder Thomas Edison to
develop energy-efficient solutions that change the way people light
their world in commercial, industrial, municipal and residential
settings. The business employs about 15,000 people in more than 100
countries, and sells products under the Reveal® and Energy
Smart® consumer brands, and Evolve™, GTx™, Immersion ™,
Infusion™, Lumination™ and Tetra® commercial
brands, all trademarks of GE. General Electric (NYSE: GE) works on
things that matter to build a world that works better. For more
information, visit www.gelighting.com.