Average 600W HPS lamps are 1.0-1.3 µmoles/watt. A complete fixture consumes 660 watts with ballast losses. They generally lose about 20% of their light due to reflectors (omni-directional lamp in a directional application).
This means that our 2.0 µmoles/watt fixture at 230 watt consumption can replace a 660 watt HPS fixture, provide the same amount of light, and have a nice payback.
The green light not absorbed is reflected. This gives the opportunity for green photons to reflect their way down to the bottom leaves for a more distributed growth.
We have built a number of lights with "focused" spectrum but haven't seen a benefit. In many plants, like "red" lettuces the leaves only turn red with a full spectrum (I have no idea why, a botanist might know the answer...)
We do see a benefit to skew the spectrum for many flowering/fruiting plants in later growth cycles and have a plan to come out with a "fruiting spectrum" in the future. This will part of our August Indiegogo campaign.
One last question if you don't mind: do you see a market for this in small scale operations, or do market pressures force your customers to grow always bigger like in the rest of agriculture? It seems that the only (sustainable) way to make a profit on growing food (plants and animals) is by scaling up.
(OK I lied, I have another question actually: with the pressure on lighting system vendors in Europe to screen their customers for illegal operations, and increasing pressure to hold vendors accountable for such use, are you experiencing that American vendors actually have a market advantage on this? Do you export to Europe? (meta: who would have thought just 10 years ago that in 2015 the US would become the world's leader on high tech marijuana production!) also sorry for focusing on mj, your industry suffers from its association with it, I know - it's just that that market was the only non-academic source of knowledge on it for so long)
Regarding Europe, it hasn't been a primary focus for us but we have exported a few orders to the UK, Germany and Netherlands. I hadn't heard of pressure on vendors to screen their customers. I'll have to look into this.
Our orders so far have split about 50:50 between veggies and marijuana. The marijuana side of the business does certainly seem to overshadow the veggie side as far as general public interest goes!
High pressure sodium lamps (apparently the norm for indoor commercial food growing) look to be about 1.8µmoles/watt, compared against the ">2 µmoles/watt" of these lights, well, its going to take a long time to save $1000 in energy on a 250 watt lamp.
Lamp lifetime may tip the scales in favor of these LED lamps. Lamp size may also help, I used a 600 watt high pressure sodium lamp in my calculation against the 250 watt LED.
(µmoles are new units to me. I think I got through the lumens-lux-µmoles calculation correctly, but maybe not.)