Analysis
Power Integrations Gets National Energy-Efficiency Award
Power Integrations has received a 2006 Star of Energy Efficiency award from the national Alliance to Save Energy. The only technology company among this year’s three corporate honourees, Power Integrations is being recognized for its efforts to reduce electricity waste by improving the efficiency of electronic products.
PoweSince 1998, Power Integrations has sold more than 1.1 billion chips with EcoSmart technology, saving consumers and businesses an estimated $1.8 billion on their electricity bills and preventing some 12 million tons of CO2 emissions. The company’s ICs can be found in a wide range of electronic products including consumer electronics, appliances, cell phone chargers, computer equipment and industrial electronics.
“The Alliance is delighted to honour Power Integrations with a 2006 Star of Energy Efficiency award,” said Alliance President Kateri Callahan. “Power Integrations’ EcoSmart technology is generating well over $1 million in energy savings each day without any increase in the cost of consumer products and without any change in consumer behaviour. EcoSmart technology is a wonderful example of how innovation can help solve our energy issues.”
"This award is a tremendous honour for Power Integrations," said Mr. Balakrishnan. "The market success of our EcoSmart technology has proven that energy efficiency can be simple and cost-effective for manufacturers and consumers. We are extremely proud of the benefits that our technology is bringing to consumers and to the environment, and we are very pleased that the Alliance has selected Power Integrations to receive a Star of Energy Efficiency award."