LED LIGHTING – THE NEXT CHAPTER Greg Merritt Vice President Marketing, Cree Lighting © 2013 Cree, Inc. All rights reserved. Cree® andCopyright the Cree © logo2013, are Cree registered Inc. All trademarksrights reserved. of Cree, Inc. The High Cost of Lighting Lighting accounts for COMMERCIAL ENERGY EXPENDITURES Lighting ~20% 20% Space Heating of total commercial 20% Space Cooling energy expenditures Ventilation 4% 16% Refrigeration 5% Typically greater than Electronics 5% Water Heating 12% 8% Computers 10% 1/3 Other Source: Department of Energy, Buildings of total electric bill Energy Data Book, March 2011 © 2013 Cree, Inc. All rights reserved. 2 LED Lighting Reaching Remarkable Milestones 6 – 9 watts 13 – 15 watts 136 –– 159 watts watts © 2013 Cree, Inc. All rights reserved. 3 LED Performance and Payback Evolution Environment Incumbent Initial Next Current Light Source Generation Generation Generation 52W 35W 32W Fluorescent Price: $X Price: $0.65X Price: $0.57X Indoor - Troffers 64 Was Payback: Payback: Payback: 5 Years 2.5 Years 1.5 Years 12W 10.5W 9W Incandescent Price: $X Price: $0.51X Price: $0.29X Indoor - Downlights 65 Was Payback: Payback: Payback: 5 Years 2.5 Years 1.5 Years 93W 71W 50W Metal Halide Price: $X Price $0.59X Price: $0.36X Outdoor - Garage 185 Was Payback: Payback: Payback: 4.9 Years 2.7 Years 1.6 Years 188 Was 141 Was 120 Was HID Price: $X Price: $0.9X Price: $0.8X Outdoor - Streetlights 250 Was Payback: Payback: Payback: 7 Years 5.5 Years 4.5 Years © 2013 Cree, Inc. All rights reserved. 4 LED Lighting’s Practical and Sustainable Benefits • Fa#gue/Produc#vity • Clarity/Visibility • Lifecycle Maintenance • Safety/Security 5 © 2013 Cree, Inc. All rights reserved. 5 The Savings Are Staggering! What if ……………. the US Converted All Linear Fluorescent Fixtures? 100% Conversion: Potential Source Energy Savings = 1,146 Trillion Btu $11 Billion © 2013 Cree, Inc. All rights reserved. 6 Here’s What You Can Achieve! Los Angeles, CA (2008-2012) $10,000,000 in Annual Energy and Maintenance Savings! 63% LESS BEFORE - HPS AFTER - LED © 2013 Cree, Inc. All rights reserved. 7 Cree IS LED Lighting • Pioneered today’s LED lighting technology • 100% committed to the continued advancement of LED lighting BETTER LIGHT – LESS ENERGY – LOWER COSTS THE TIME FOR LED LIGHTING IS NOW © 2013 Cree, Inc. All rights reserved. 8 .