Patrick J. Clouden, CEO and Co-founder of Commercial Energy Solutions, Inc. (CES)02.25.15
According to a recent study by reports.com, the global light-emitting-diode-based (LED) lighting market, which totaled less than $5 billion as recently as 2013, will reach $25.7 billion in 2015 and $63 billion by 2020 – a combined aggregate growth rate of 45% per year. Commercial Energy Solutions, Inc. (CES), one of the nation’s foremost full-service energy consulting companies, advocates commercial LED lighting (http://www.consumerenergysolutions.com/programs.php) not only as a way for individual companies to reduce their operating costs – though it effectively and substantially does that – but as a boon for the U.S. economy as a whole.
High energy costs are a particular burden to small business; a recent study by the National Federation of Independent Businesses reports that more than a third of small businesses report energy costs as among their top three business expenses. Energy is also a major cost factor for 24-hour, lighting-intensive concerns such as
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