Seesmart, an LED lighting solutions company based in California, has been selected by SL Green Realty Corp., New York City's largest commercial property owner, to retrofit 21 commercial office properties with more than 16,000 LED lamps. With superior lamp life of more than 8 years, the project is expected to provide exceptional efficiency that reduces energy use by more than 50 percent.
 
SL Green anticipates this energy efficiency project will save $750,000 through combined energy and material/labor savings, resulting in a project payback of only 3 years.
 
"SL Green is excited to commence with this innovative project, utilizing Seesmart LED products, to drive energy reduction throughout our portfolio," said Jay Black, Director of Sustainability at SL Green. "Lighting represents approximately 25 to 30 percent of total energy cost in the commercial real estate industry, and addressing lighting efficiency is a key 'low hanging fruit' cost savings opportunity. SL Green found that Seesmart provides the incomparable solutions necessary, including high quality products, superior efficiency, longevity, warranty and exceptional customer service required to pursue this efficiency program."
 
SL Green anticipates the completion of the LED lighting retrofit in August 2012. This program is expected to be a catalyst for future retrofit opportunities, including mechanical, renewable energy, and additional LED lighting retrofits at other properties within its portfolio.