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    Ernst & Young US headquarters goes green with energy-efficient LED Lighting from Philips


    Company converts 32 floors to new lighting technology and estimates savings of $1 M per year while reducing CO2 emissions by 2 million pounds annually

    August 1, 2012

    Somerset, NJ – Ernst & Young LLP usually helps its clients save energy with their sustainability strategies, but this year, the firm will be saving big itself with energy-efficient lighting from Philips.The global professional services leader retrofitted 32 floors of its US headquarters in New York City with LED lighting solutions from Philips. The new lighting will not only save the company close to $1 M per year in energy and maintenance costs, it also will cut its lighting energy use by roughly 2.9 million kWh per year and reduce its CO2 emissions by approximately 2 million pounds annually.

     

    “Our lighting project is helping us to deliver on our commitment to environmental stewardship,” said Brent Summers, Director, Americas Enterprise Support Services, Ernst & Young LLP. “Over the past few years we have been able to reduce our carbon footprint from energy. This new lighting system will add an even greater reduction. Five Times Square is seeking an Energy Star rating, and the lighting work will be a large part of our application.”

     

    Ernst & Young LLP’s Times Square office lighting system is heavily utilized by its more than 5,500 employees. With its traditional lighting system, the approximately 650,000 Useable Square Foot, Class A office space consumed roughly 6.2 million kWh annually.

     

    JAS consulting, One Lux Studio and Philips worked together to find a suite of energy-efficient products that significantly decreased the building’s energy use to meet Ernst & Young LLP’s sustainability goals. The team designed customized LED fixtures, assessed lighting control systems and coordinated with the local labor union to ensure a smooth installation of lighting systems throughout the building’s open office areas, private offices, conference rooms and common areas.  The team also identified utility rebates that allowed Ernst & Young to lower its upfront costs by more than 13%.

     

    “Ernst & Young has looked at the return on investment for their new lighting system and has seen that it gives them better light quality, a lot more control over their energy usage and reduces maintenance, making good business sense,” said Zia Eftekhar, chairman of Philips Lighting North America.  “More and more forward-thinking businesses are looking at the long term value of their lighting investment and realizing that LED technology can lower their environmental impact and their electricity usage.  Working with partners such as JAS consulting and One Lux Studio, we can ensure that we meet our customer’s light quality and sustainability goals with long-lasting, green technologies.”

     

    In total, the new lighting system will reduce Ernst & Young LLP’s lighting-related energy and maintenance costs by more than 50% a year and its annual lighting energy use by 54%. It has also improved the facility’s quality of light.

    For further information, please contact:

    Silvie Casanova
    Senior Manager, Lighting Communications,

    Philips Lighting North America

    Tel: + 1 978-659-7467
    Email: silvie.casanova@signify.com

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    About Royal Philips Electronics

    Royal Philips Electronics (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6 billion and employs approximately 122,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.

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