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VOL. 127 | NO. 227 | Tuesday, November 20, 2012

Green Ballast Installs Smart Lighting for Belz

By Sarah Baker

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Commercial real estate developer Belz Enterprises is installing vapor tight fluorescent fixtures with Green Ballast Inc.’s light ballasts in a structured parking garage facility in Memphis.

The fixtures will reduce electric lighting usage in the facility by up to 72 percent per year, with Belz receiving a payback on its investment in less than three months for fixtures, which have a 10-year life expectancy.

Green Ballast, an energy solutions company based in Memphis, is a developer and marketer of energy efficient electronic ballasts for fluorescent fixtures in the commercial lighting industry. The publically traded company received its ticker symbol, GBLL, in April.

The company’s ballast is a direct replacement for the existing standard ballast and adjusts power consumption for each lighting fixture, while measuring and harvesting available daylight to calculate and provide only the amount of needed electricity for proper lighting.

J. Kevin Adams, CEO of Green Ballast and also chairman and CEO of CB Richard Ellis Memphis, said in a release that the “plug and play” solution has controls within each ballast, providing simple and efficient installation and ongoing maintenance.

The solution is being adopted in office buildings, industrial facilities, schools, airports and municipal buildings where lighting is the major electrical expense.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 116 413 13,039
MORTGAGES 149 479 16,949
FORECLOSURE NOTICES 0 26 3,316
BUILDING PERMITS 0 525 28,219
BANKRUPTCIES 83 299 10,789
BUSINESS LICENSES 26 111 4,315
UTILITY CONNECTIONS 0 375 16,724
MARRIAGE LICENSES 0 75 3,766

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