The Home Depot has announced that Cree won the retailer’s 2013 Innovation Award for its LED light bulb. According to the retailer, the annual award recognizes revolutionary new products that provide benefits to consumers and the companies that exceeded expectations in sales, service and program execution.
Cree, Inc. introduced a series of LED bulbs at a retail pricepoint that gives consumers a reason to switch to LED lighting, Home Depot noted. The new bulbs are said to look and shine as brightly as comparable incandescent while saving 84% of the energy and lasting 25 times longer compared to traditional bulbs. The Cree LED bulb has earned Energy Star qualification as well as utility rebates.
The Home Depot also recognized the following companies and products with innovation awards: Mohawk Soft Spring Carpet, Plantation Patterns Patio Create Your Own Collection, Behr Deck Over, Rustoleum NeverWet, Behr Marquee stain blocking paint and primer, Ryobi Li-Ion Hybrid String Trimmer, Delta’s Smartfit Tank to Bowl Connection Toilet, Cordelia Commercial Electric LED Portfolio, Drummen Drop N Bloom Annuals and Milwaukee Double Duty Sawzall Blades.