Leapfrog Lighting polled more than 200 business owners and managers, asking whether LED lighting product manufacturer claims on packaging match real-life performance.

Only 14.3 percent found their own direct experience matched the claims, and another 35.3 percent believed the claims, bringing the total to 49.6 percent. The remaining respondents were not convinced, uncertain or found manufacturer claims only partially or inconsistently matched their experience.

“We’re even little surprised that 49.6 percent of business owners and managers believe manufacturer claims entirely,” said Stephen Naor, CEO of Leapfrog Lighting, in a statement. “I think this is an improvement over even a year ago. These findings show that business owners are not yet convinced by the claims.”

Here’s a Leapfrog blog about a survey (I’m not sure it’s the same survey) — the graphic posted with it, along with a link to the full survey results. According to the blog, the graphic below is the visualized version of ths:

The new Leapfrog Lighting poll asked a randomized sample of 200 business owners and managers, “What is the most important reason you are considering (or have used) LED lighting in your business?”



No kidding. See this MIT release.

From US Builders Review:

Grasle has crews for power line construction, commercial and industrial inside wiring, outside plant communications, as well as fiber optic installation.

The company’s crews are as tough as Interior Alaska’s extreme climate and are not derailed by unique challenges or harsh weather, as the winter low temperature can dip to negative 60 degrees Fahrenheit and its averages range from negative 15 to 25 degrees.

In order to complete challenging installation jobs, Grasle is stocked with heavy-duty equipment and trucks. These resources were useful when delivering a recent job for one of Grasle’s essential clients, Eielson Air Force Base (AFB). Grasle was tasked with completing a massive generator and distribution switchgear renovation to the AFB’s existing and still operating power and heating plant.

Here’s what the good guy says in this article:

“Once I start to work for someone they often become a customer for life, calling back through the years as they need too. One thing I believe in is keeping up on equipment and new technology, the electrical trade has actually gotten a lot easier through the years because of new devices, and new tools.

“Superior training and education combined with the right equipment and techniques actually make the work look easy.”

News (published here) from Ficek Electric and Communications of LaSalle IL — bolding by EleBlog:

. . . the state of Illinois officially awarded Ficek Electric and Communications a multi-year, multi-million dollar telecom maintenance contract.

Ficek Electric outbid AT&T to win the initial one year state-wide contract last year. Backed by a 98.9 percent approval rating, Ficek Electric was, again, Illinois’ choice in 2014, and will continue to provide ongoing maintenance for telephone systems within all state agencies, as well as the installation of any new telephone systems and structured low voltage cabling projects as needed throughout the next 10 years.

The US government got a lot of shit (yes, shit) for loans made to renewable energy companies — parts of the “stimulus” package that just did not work. Solyndra comes to mind.

But here they are, at it again — and posted an enthusiastic welcome.

. . . an estimate of the amount to be raised via “Crowdfunding” for rooftop solar in the U.S., found here.

Whazzup? A bit of it:

A growing number of rooftop solar developers are soliciting funds directly from retail investors, often through websites that tap a large number of small contributions. This so-called crowdfunding model has attracted almost $100 million in the U.S. to date, Newell said.

It offers one of the few ways for individuals to back renewable energy projects, which give steady, long-term returns from selling electricity.

There’s a lot of WRONG in that, but — in the event you, in your mortal ignorance, disbelieve the factual 3 sentences above — read this mid-June NY Times article.

See this 7/7/14 3-page PDF, DOE’s SSL Program: Big Bang for the Buck. SSL = solid state lighting, which covers LEDs and organic LEDs (i.e., OLEDs).

Final paragraph reads as follows:

DOE’s SSL program has established both leadership and trust within the lighting industry, providing in-depth technical knowledge that impacts continual course corrections.
A recent DOE report, Solid-State Lighting: Early Lessons Learned on the Way to Market [EleBlog note: This is a 61-page PDF], details actions taken to date to facilitate successful market introduction of SSL, as well as remaining challenges limiting market adoption, lessons learned, and their implications for the future.
The far-reaching impact of DOE’s SSL program efforts is achieved with a relatively small investment of taxpayer dollars. That kind of ROI is enough to make any investment advisor bullish —but the biggest energy savings are yet to come.



CREE has numerous patents registered under its names for LED light. This again generates a revenue stream for CREE as license cost from various LED manufacturers using technology patented by CREE. Various global LED light manufacturers like Philips, Bridgelux Inc, Kingbright Electronic Co. Ltd, Rohm co, Stanley Electric Co. Ltd, etc are under the license contract with CREE for using the LED chip technology that is patented by CREE.

There’s a lot more and it’s all positive about Cree now and into the future.

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EleBlog’s proprietor wouldn’t consider an investment in CREE — or in EMCOR Group, or any other company about which you might read here. So I’ve not looked for a while at the company’s stock price and earnings.

Here’s what I saw just now (7/22, 8am-ish) on Yahoo! Finance:

1. The company’s stock is now almost at $50/share. It had been in the $60-and-higher range last year (December 2013 close = $62.52).

2. With $1.59 billion in revenue in the most recently completed 12-month period, the company’s stock price gives CREE a market value of more than $6 billion.

3. Net income per share (in the 12-month-period) was $1.01. That gives CREE a price/earning ratio of almost 50x, which is — by almost anyone’s evaluation — someplace in The Stratosphere(!).

4. Stratospheric valuations can persist. has been ridiculously valued for its entire existence. Other than that outlier, many companies have stock that sells at prices that are irrationally priced for some time, based on a perceived future as a fast-grower. Yahoo! Finance gives CREE’s “quarterly earnings growth” as 27%. Should that persist — over another 12-16 quarters — the company would have a gigantic bottom line.

5. It’s not reasonable to believe 27% growth will persist. But it might.

6. The company has more than $1.2 billion in cash on its balance sheet — and no debt. That’s pretty interesting, for those investors who want a bit of safety. Sure, the stock price might fall like a brick: It fell from $54.29 at the end of September 2010 to $22.04 at the end of December 2011. But it’s not going out of business.

7. It’s possible that CREE could be acquired. That could help explain the relatively high valuation.

8. It’s also possible that CREE could be an acquirer. That could help explain the fact that’s down right now from $62 . . .