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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 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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