US LED Launches Light Now Lighting as a Service Program

US LED announced the launch of its new Lighting as a Service (LaaS) program – Light Now. With the introduction of Lighting as a Service, US LED will be able to offer customers the opportunity to install new LED lighting solutions in their facilities with no upfront capital. This allows businesses to benefit from new LED lighting as a monthly service agreement and avoid taking on capital expenditures on their books.

For companies looking to increase efficiencies, Lighting as a Service (LaaS) reduces overall energy consumption and eliminates maintenance. It's an all-inclusive subscription that allows business owners the ability to have energy-efficient LED lighting with no upfront capital. Monthly payments divide the cost of the new LED lighting, the installation, and the maintenance. Because Lighting as a Service is defined as a service agreement, it's designated as an operating expense and not a capital expenditure on the books.