According to CRS Electronics, its LED MR16 lamps currently have become the only LED MR16 approved for a rebate under two US undisclosed major electric utilities’ incentive program offered to their commercial customers.
It’s said that the two major utilities service a combined area of more than 100,000 sq. mi. in 40 counties within the continental United States. Therefore, it’s an opportunity for CRS to capitalize on these rebate programs.
The Company expects shipping product in the first quarter of 2011 with orders starting to be placed over the next month as the utilities roll out the program to their commercial customers.
About CRS
CRS Electronics Inc., an Energy Star and Lighting Facts partner, is a leader in the emerging, rapidly-growing market of LED. The principal activities of CRS include the development, manufacture and sale, primarily in North America, of indoor and outdoor lighting such as LED replacement lamps, LED streetlights, exterior LED warning lights on school buses, child safety systems for school buses and contract manufacturing of LED circuit boards.