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Number of LED Rebates Increases by 51%

Over the past year, rebate and incentive programs have caught up to the growing number of LED lighting solutions being used in the market today. Today, thousands of programs are available for LED solutions. An interesting trend is that while the number of rebates has steadily grown over the past year, the average rebate amount has actually gone down. For LED replacement lamps, the average rebate has decreased by 4% since January 2012. Incentives for LED recessed down lights have also decreased by 29% during the same time period. These reductions are mostly due to the cost of LEDs coming down over the last year, which means less incentive money is needed to make these solutions financially attractive. - Newsletter Sept 12