New program will allow growers to trade in old fixtures for credit toward LED lights.
LumiGrow Inc., a provider of smart horticultural lighting, announced an Equipment Buy Back program to help commercial growers embrace LED lighting technology with greater confidence.
Starting this month, growers have the option to participate in the Equipment Buy Back program for a 10 percent premium over their LumiGrow solution purchase price. Growers may choose to upgrade their lighting systems anytime between 24 and 84 months following the purchase date.
Growers will know upfront exactly what their lights in good condition will be worth when they are ready to upgrade. A credit of as much as 35 percent of the original purchase price, based on a published schedule of ownership duration, will be automatically applied toward the grower’s next LumiGrow lighting purchase.
“We call this program ‘future-proofing’ because our customers now gain more confidence that they’re buying into LED technology at exactly the right time,” said LumiGrow CEO Kevin Wells.
LumiGrow will resell retrofit fixtures through both direct and retail channel sales. Any fixtures that cannot be resold will be responsibly recycled. RoHS-compliant LumiGrow products are mercury-free and 90 percent recyclable, unlike conventional lighting fixtures, which must be treated as hazardous waste.
For more information about the Equipment Buy Back program visit www.lumigrow.com/services/buy-back/ .