Dive Summary:

• Looking to increase profits and reduce operating costs, south California’s largest private grocery store chain has revamped its in-store lighting, which will result in savings of %570,000 annually, according to Zach’s Equity Research.
• The company decide to deploy a new, innovative LED lighting system produced by General Electric, and will utilize the new lighting system across 166 stores.
• Stater Bros. plans to replace its current fluorescent lighting which will save on lower overall energy consumption and longer bulb life, both significantly contributing to the projected profit increase.

From the article:

Stater Bros will replace 60W fluorescent lights with General Electric’s 17W LED lighting systems, which are estimated to save 4.6 million kWh by consuming 28,444 lesser kWh per store per year. This would equate to about $510,000 in annual savings for an operating period of 17 hours per day at $0.11 kWh rate.