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Orion Lighting to Host Live Webinar on Using EPAct, Section 179(D) and Financing to Accelerate Lighting Projects

March 18, 2016 9:00 AM EDT

MANITOWOC, Wis.--(BUSINESS WIRE)-- Orion Energy Systems, Inc. (NASDAQ: OESX), a leading designer and manufacturer of high-performance, energy-efficient retrofit lighting platforms, today announced it will host a live webinar at 11:00 a.m. Central on Tuesday, March 22, to discuss “Using EPAct, Section 179(D) and Financing to Accelerate Lighting Projects.”

During the live webinar, an expert panel will discuss how the Energy Policy Act of 2005 (EPAct) tax deduction for energy efficiency works and why it was recently extended. The presentation will also address which industrial lighting targets can help businesses claim an immediate tax deduction of up to $1.80 per square foot; what LED lighting and control systems garner the biggest incentives for manufacturing, cold storage, and warehouse facilities; and how to use previous projects to pay for new ones, or finance a project out of its energy savings.

Panelists include:

  • Charles Goulding, an Attorney/CPA and the President and Founder of Energy Tax Savers, Inc., the nation’s leading provider of energy tax services. Goulding’s work has been featured in more than 150 articles, including Retrofit Magazine, Building Operating Management and Corporate Business Taxation Monthly.
  • Dave Ingram, the Director of Program Management at De Lage Landen Financial Services, Inc., Inc. With over 27 years of experience in the equipment leasing industry, Ingram was the first member of DLL’s Clean Technology Business Unit, a premier financial solutions provider for lighting and energy efficiency project financing.
  • Josh Kurtz, Senior Vice-President of Sales at Orion Energy Systems, Inc., has over 20 years of experience in the lighting retrofit industry with an emphasis on energy efficient system design, lighting performance optimization, and project ROI. He has advised hundreds of the world’s leading brands on national retrofit rollouts that produced over $100M in energy savings.

The webinar is free. To register, please visit http://www.orionlighting.com/EPActWebinar.

About Orion Energy Systems

Orion is leading the transformation of commercial and industrial buildings with state-of-the-art energy efficient lighting systems and retrofit lighting solutions. Orion manufactures and markets a cutting edge portfolio of products encompassing LED Solid-State Lighting and high intensity fluorescent lighting. Many of Orion's 100+ granted patents and pending patent applications relate to lighting systems that provide exceptional optical and thermal performance, which drive financial, environmental, and work-space benefits for a wide variety of customers in the retrofit markets.

Investor Relations Contact:
Orion Energy Systems, Inc.
Bill Hull
Chief Financial Officer
(312) 660-3575
or
Media Relations Contact:
Orion Energy Systems, Inc.
Erica St. Angel
Chief Marketing Officer
(920) 892-5653

Source: Orion Energy Systems, Inc.



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