We realize there may be confusion around how the new tariffs with China will affect purchasing LED lighting. In general, the 10% tariff and the 25% tariff will have some cost impact, but that only slightly impacts the energy/money savings and other benefits that are achieved when you convert to LED.
For example, a LED retrofit kit that had a 10 Month Payback (pre-tariff), will see a new payback period of 11 months with the new 10% tariff. If (and when) the 25% tariff goes into effect (1/1/2019) that payback will go to approximately 12.5 months.
The bottom line is that the savings you will see from replacing Metal Halide, HPS, or HID with LED far outweigh the initial cost or any cost associated with the tariff increases.
In this time of uncertainty, where many manufacturers are raising prices, we have decided to take a different approach and help you win as much business as possible. Not only are we absorbing the recent 10% tariff but have decided to reduce pricing overall effective immediately. We encourage you to take full advantage of these lower prices while they last.
Obviously, we can’t predict the future and how it will impact pricing moving forward. However, our commitment to you, our customer, is to continue to offer quality products at competitive prices.