Lumenergi Shines with $7.5M for Fluorescent Dimming
Summary
Lumenergi, which makes dimming electronic ballasts and lighting control software, says they will use the capital to shift from research and development to focus on sales and marketing. “To get the cost of the ballast down what we do is replace a lot of hardware with software,” Lumenergi CEO William Alling told us this morning. The company says their dimmers and control system work with existing lighting in industrial and commercial buildings. Coupled with demand management programs that are increasingly being offered by utilities, Lumenergi estimates that a customer could get a return on their investment in only two years. Alling tells us that Lumenergi already has some of its hardware and software on the market as part of PG&E’s demand response program.