Revolution Lighting Technologies Secures New Agreement for

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Revolution Lighting Technologies Secures New Agreement for Connecticut's Small Business Energy Advantage Program

STAMFORD, CT --(Marketwired - September 07, 2016) - Revolution Lighting Technologies ( NASDAQ : RVLT ), a leader in advanced LED lighting technology solutions, today announced that its divisions, TNT Energy and Tri-State LED, have been named as program contractors within Eversource's Small Business Energy Advantage Program (SBEA) . As part of the Energize Connecticut initiative, the program is designed to help small businesses with a peak energy demand of less than 200kW per month save money, identifying and offering cost-effective energy efficiency turnkey solutions.

As program contractors, TNT Energy and Tri-State LED will collectively cover the entire state of Connecticut, supporting the state's 331,000 small businesses with high efficiency LED lighting retrofit opportunities. Tri-State LED will support the south western Connecticut region, consisting of ten municipalities including Darien, Greenwich, New Canaan, Norwalk, Redding, Ridgefield, Stamford, Weston, Westport, and Wilton; TNT Energy's region will cover all other municipalities within Connecticut.

SBEA Program contractors help small businesses reduce energy costs by identifying and implementing cost-effective energy efficiency opportunities, promote education to encourage replacement of existing equipment with high efficiency options and procure financial incentives. The program will address technologies including lighting, controls, HVAC and motor upgrades, refrigeration controls, and other measures to reduce both electric and gas consumption. Access to on-bill, zero-percent financing through Eversource will be available, providing additional avenues for project funding for eligible small business program customers.

Project incentives will play a critical role that could cover up to 50% of qualified project costs to achieve a payback as low as one year, and significantly improve an energy efficiency project's return on investment. Incentives for the SBEA Program are funded through the "Energize CT" program . In 2016, over $190 million was budgeted for Energize CT's energy efficiency programs.

"We are pleased to be selected as an SBEA approved contractor, along with Tri-State LED, to continue working with Connecticut's small businesses, improving their energy efficiency to save money," said Tim Blanchard, Founder, TNT Energy. "TNT Energy has extensive experience as a long time contractor for Eversource's Small Business Program within Massachusetts, and we look forward to continuing our success within Connecticut, participating in this latest energy efficiency program."

"We are excited to be awarded this new agreement with Eversource's Small Business Energy Advantage Program, continuing to expand our participation in key state energy efficiency retrofit programs to drive future growth and incremental revenue," said Robert V. LaPenta, CEO and Chairman of Revolution Lighting.

The United States consists of approximately 28 million small businesses, according to the U.S. Small Business Administration. LED lighting is approximately 60% more efficient and lasts three times longer than fluorescent lighting, in addition to generating superior light output. On average, small businesses and building owners spend 22% of their annual energy costs on lighting, providing a key opportunity for LED lighting to reduce long term operating and utility costs.

About Revolution Lighting Technologies Inc.

Revolution Lighting Technologies, Inc. is a leader in the design, manufacture, marketing, and sale of LED lighting solutions focusing on the industrial, commercial and government markets in the United States, Canada, and internationally. Through advanced LED technologies, Revolution Lighting has created an innovative lighting company that offers a comprehensive advanced product platform of high-quality interior and exterior LED lamps and fixtures, including signage and control systems.

Revolution Lighting is uniquely positioned to act as an expert partner, offering full service lighting solutions through our operating divisions including Energy Source, Value Lighting, Tri-State LED, E- Lighting, All-Around Lighting and TNT Energy to transform lighting into a source of superior energy savings, quality light and well-being. Revolution Lighting Technologies markets and distributes its products through a network of regional and national independent sales representatives and distributors, as well as through energy savings companies and national accounts. Revolution Lighting Technologies trades on the Nasdaq under the ticker RVLT. For more information, please visit http://www.rvlti.com/ and connect with the Company on Twitter, LinkedIn and Facebook.

Investor Relations Contact: Amato and Partners, LLC Investor Relations Counsel admin@amatoandpartners.com Media Contact: Matthew Bretzius FischTank Marketing and PR matt@fischtankpr.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

TuHURA Unveils Q3 2026 Gains Amid Strategic Moves

Updated Category News Views 34

TuHURA's Strategic Maneuver: A Deeper Dive TuHURA Biosciences, folks, has just laid out their third-quarter map, and it ain't just scribbles. Amidst the Tampa heat, they're not only crunching numbers but peddling some pretty hefty science, too. Let's dig into what these folks have cooked up this time. Game-Changing Results and Collaborations Now, let's not beat around the...

Continue Reading
Holographics Revolutionize Home Security Innovation

Updated Category News Views 65

Holographics in Home Security: A Game Changer? Pittsburgh isn't exactly the Silicon Valley, but it seems like InventHelp's latest brainchild, the HOLOSECURE HUB, may bring a slice of futuristic tech to our living rooms. Crafted by a forward-thinking mind out of Indianapolis, this gizmo promises to blend the flashy, sci-fi allure of holographics with practical AI-driven...

Continue Reading
Chime Joins S&P MidCap 400 Amid Merger Jostle

Updated Category News Views 107

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

Continue Reading
When to Switch Your LLC to S Corp Status: Tips

Updated Category News Views 52

Is Your LLC Ready for the S Corp Leap? Thinking about shifting your LLC to S corporation status? You're not alone—many business owners hit this fork in the road as their enterprise starts rolling in more dough. And if you're scratching your head wondering if this switch makes sense for your venture, listen up because timing and context are everything here. When Should...

Continue Reading
TCL Electronics Surges with 54.5% Profit Increase in 2026

Updated Category News Views 36

TCL Electronics: Riding High on Strategic Moves Buckle up, because TCL Electronics has popped the hood and revealed quite the engine for growth. In the first three quarters of 2026, they cranked their adjusted profit up by a whopping 54.5%, hitting HK$2.24 billion. It's a hefty lift that would make any investor sit up and take notice. What's pushing this upswing? A...

Continue Reading
Cuisine.K Brings Korean Seafood to Seattle Spotlight

Updated Category News Views 93

Korean Seafood Makes Waves in Seattle Bring out the chopsticks, ‘cause Korean seafood just took Seattle by storm with the Cuisine.K Korean culinary showcase. Hosted by CJ Foods, alongside the Korea Fisheries Association, this event smacked the local food scene square in the face with the unique flavors and techniques of K-Seafood—from students all the way to seasoned...

Continue Reading
APEC Summit 2026: Shenzhen in the Spotlight

Updated Category News Views 40

An International Stage for Shenzhen Alright, folks, here's the deal. We’ve got the 2026 APEC Summit rolling into Shenzhen, perched right there in Guangdong Province, and the world’s eyes are glued to it. Happens November 18–19, and you better believe it’s a magnet for all things global. The China Media Group’s Chinese Global Program Center isn’t missing a...

Continue Reading
New Senior Care Location Opens in Broward County

Updated Category News Views 140

A Personal Mission Driving Business in Hollywood Dive deep into any community, and you'll often find stories that tug at the heartstrings—especially when they're about family. That's the case with Saudia Sital, a Broward County local who's just opened Always Best Care Senior Services in Hollywood, Florida. Her journey from personal caregiver to business owner isn't just...

Continue Reading
WAX Collect Unveils Modular Flex Insurance for Watches

Updated Category News Views 87

WAX Collect Pioneers Customized Insurance with WAX Flex™ In a world where even a simple escapement can change the watch industry, WAX Collect is shaking things up with its WAX Flex™, rolling out a tailor-made insurance product specifically for watch collectors who refuse to settle for one-size-fits-all coverage. It's the first of its kind in modular approaches,...

Continue Reading
ManuTech Center Set to Revolutionize Manufacturing Hub

Updated Category News Views 40

Jackson's Next Manufacturing Frontier Well, the folks down in Jackson, Michigan, are prepping to cut the red ribbon on something that's got me leaning forward in my seat. The Advanced Manufacturing Training Center (AMTC) is pulling out all the stops with their new ManuTech Prototyping Center. Yup, this center is about to become the playground for startups, manufacturers,...

Continue Reading
ce: Banks' Secret to Successful Scaling"> Continue Reading