New GE LED Lighting Advances Las Vegas Sands’ “Sustainability” Meeting Program

  • Resort developer adds more energy-efficient lighting to conference areas at The Venetian|The Palazzo Las Vegas

EAST CLEVELAND, Ohio — May 2, 2013 — (NYSE:GE) — New GE LED lighting is helping Las Vegas Sands Corp. take another key step toward curbing environmental impact at its leading resort and meeting properties. As part of its Sands ECO 360o Green Meetings program, Las Vegas Sands has completed an expansive energy-efficient LED lighting upgrade to its meeting spaces at The Venetian|The Palazzo Las Vegas.

Halogen bulbs in The Venetian|The Palazzo meeting rooms were replaced with more than 5,700 energy smart® BR30 LED lamps, a product of GE ecomagination℠. The 12-watt lamps, with a rated lifespan of 25,000 hours, will require fewer change outs and use 108 fewer watts per fixture than the 120-watt bulbs they replaced. This will reduce the resort’s annual electricity use by nearly 4.1 million kilowatt hours (kWh), saving more than $400,000 in annual lighting costs that can be applied to other initiatives demonstrating Las Vegas Sands’ environmental commitment.

The move to GE’s energy-efficient LED lighting solution further enhances Las Vegas Sands’ comprehensive Sands ECO 360°Global Sustainability program that features an array of best practices in four integral areas—green buildings, environmentally responsible operations, green meetings, and stakeholder engagement.

GE’s new LED lighting in meeting rooms will save more than $400,000 a year that can be applied to other initiatives demonstrating Las Vegas Sands’ environmental commitment.

 

Las Vegas Sands first invested in GE’s LED and compact fluorescent lighting (CFL) in 2010 at The Venetian|The Palazzo, where 7-watt PAR20 LED lamps and 10- and 15-watt CFL bulbs were installed in more than 7,000 guest suites.

As a result of GE’s more energy-efficient solutions, Las Vegas Sands has reduced its annual lighting spend by about $2 million overall including savings in suites and meeting spaces combined.

“The team at GE Lighting impressed us with the range of products that help us conserve even more energy without sacrificing the high aesthetic standards that our meeting and convention customers expect of a five-diamond resort and meeting center,” said Norbert Riezler, senior vice president and chief procurement and sustainability officer at Las Vegas Sands. “Globally, Las Vegas Sands aims to lead the industry in environmentally sensitive meetings and business practices, and GE’s innovative lighting products are helping us reduce our impact on the environment.”

Under the Sands ECO 360oGlobal Sustainability program, Las Vegas Sands Corp. saves nearly 86 million gallons of potable water per year and diverts on an average 55 percent of waste from the landfill annually. As a result of these and other sustainability initiatives, The Venetian|The Palazzo, in conjunction with the Sands Expo and Convention Center, is the first and only property on the Las Vegas Strip to receive U.S. Green Building Council LEED® Gold Certification for Existing Buildings. Collectively, The Venetian|The Palazzo and the Sands Expo and Convention Center represent one of the largest LEED-EB certified buildings in the world.

“GE Lighting aims to lead innovation in our industry, offering our customers the highest-quality lighting solutions, while helping them advance environmental stewardship goals,” said Heather Wilson Coode, hospitality marketing manager for GE Lighting. “Las Vegas Sands Corp. has demonstrated a measurable commitment to protecting the environment with energy-saving practices, and GE’s BR30 LED lamps will help the company make an even bigger impact.”

A professional lighting audit can determine your potential to save and reduce your environmental impact like Las Vegas Sands. Visit www.gelighting.com/LVSC to learn more and schedule your free analysis.

To learn more about GE’s commitment to innovative solutions to today’s environmental challenges while driving economic growth, visit www.ecomagination.com.

About Las Vegas Sands Corp.
Las Vegas Sands (NYSE: LVS) is a Fortune 500 company and leading global developer of destination properties (Integrated Resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.

The Venetian|The Palazzo, Five-Diamond luxury resorts on the Las Vegas Strip, and Sands Bethlehem in Eastern Pennsylvania are the company’s properties in the United States.  Marina Bay Sands® is the company’s iconic integrated Resort in Singapore’s downtown Marina Bay district.

Through its majority-owned subsidiary Sands China Ltd., the company also owns a portfolio of properties on Macao’s Cotai Strip®, including The Venetian Macao, Four Seasons Hotel Macao, and Sands Cotai Central.  The company also owns the Sands Macao on the Macao Peninsula.

Las Vegas Sands is committed to global sustainability through its Sands ECO360° Global Sustainability program and is an active community partner through its various charitable organizations.

For more information, please visit our website at www.sands.com, and for the latest company news, visit our blog at www.sandsconfidential.com.

About GE Lighting
GE Lighting invents with the vigor of its founder Thomas Edison to develop energy-efficient solutions that change the way people light their world in commercial, industrial, municipal and residential settings. The business employs about 15,000 people in more than 100 countries, and sells products under the Reveal® and Energy Smart® consumer brands, and Evolve™, GTx™, Immersion™, Infusion™, Lumination™, Albeo™, and Tetra® commercial brands, all trademarks of GE. General Electric (NYSE: GE) works on things that matter to build a world that works better. For more information, visit www.gelighting.com.

50 Years of LED Innovation
Oct. 9, 1962, GE scientist Dr. Nick Holonyak, Jr., invented the first practical visible-spectrum light-emitting diode (LED). In the 50 years since, GE has been on the forefront of LED innovation. The company has released inspired LED products for both residential and commercial settings, from the first ENERGY STAR®-qualified A19-shaped LED bulb to LED street lighting that illuminates cityscapes the world over.