Huge energy and cost savings possible with new LED tube light from Philips

9 January 2014

LONDON: Philips has released a new LED light which uses up to 40% less energy compared to traditional lights and slashes maintenance time, marking another innovative step in the company's dominance of the global LED market. 

The new tube light from Philips, a member of The Climate Group, saves over 40% in lighting related costs. Coupling the saving with its extra-long lifetime, the new light can help recover its own investment in up to three years.

Linear fluorescent tube lighting is one of the most common types of lighting used in shops, offices and industrial buildings. Because of this, Philips estimates that if current lighting was replaced by LED tube lamps (TLEDs) around the world, it would result in over US$55 billion in energy costs.

The new TLED, InstantFit LED T8, uses up to 40% less energy compared to a traditional bulb and needs less maintenance. Due to the speed and simple means of installing the lights, there is also less disruption and costs to businesses.

Rene van Schooten, CEO Light Sources and Electronics, Philips Lighting, said: “We studied the process for replacing fluorescent tubes with LED technology step by step to tackle those issues that dissuade facility managers and installers from making the switch. We found speed and simplicity were key."

The new light is another innovation breakthrough for Philips. In 2013, Philips launched the world's most energy-efficient lamp, an LED tube replacement that makes a record 200 lumens per watt of high-quality white light. In the same month, Philips announced that LED lighting represented a quarter of its total lighting sales in the first quarter of the year, with a growth of 38% on 2012’s sales.

Philips' third-quarter results were even greater; LED sales grew 33% from 2012 and represented 30% of Philips’ total US$2.85 billion lighting sales in the quarter. Harry Verhaar, Senior Director Energy & Climate Change, Philips Lighting, had commented: "As well as benefitting from the great economic gains as a business, the positive influence of LEDs reaches far beyond our own financial results. Companies around the world that have installed LED lighting are already making big savings, as are thousands of municipalities that have adopted LED streetlighting and millions of households who have switched on LED lighting in their homes. LED innovations offer huge opportunities; the light is not only brighter and more efficient but will save the average person money in the long-term. LEDs are a common-sense purchase in economically challenging times."

Related news:

COP19: LED lighting will save 30% energy and 515 million tons of emissions a year by 2020, Philips reveals

Philips dominating global LED lighting market with $5 bulb

Investments in energy efficiency can create 1.5 million jobs in America by 2030

"Light gave us the 20th century of progress. LEDs mean a 21st century of equitable prosperity" - Harry Verhaar, Philips

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