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Market News

 October 04, 2007
Companies Touting CFLs - Nows That's A Bright Idea!

 Oakland, California -- Several companies joined the U.S. Environmental Protection Agency (EPA) Wednesday to promote usage of compact fluorescent light (CFL) bulbs.

The EPA's ENERGY STAR Change-a-Light tour kicked off yesterday to promote more energy efficient lighting in 10 U.S. cities. Several companies jumped on board.

Pacific Gas and Electric Co., for instance, said Wednesday it would give away 1 million CFLs in October while General Electric took the opportunity to promote its own line of CFL products. Georgia Power, a subsidiary of Southern Co., agreed to give 100,000 CFLs to its customers.

ComEd will discount more than 1 million ENERGY STAR-rated CFLS this fall for as little as 99 cents through a program that allows residential customers to buy up to 12 of the light bulbs at select hardware stores through the end of the year.

Reliant Energy touted its efforts in encouraging individuals to ditch their high-energy light bulbs, gaining the EPA's recognition as one of the country's five top pledge drivers. Nearly 16,000 individuals have signed on to replace more than 40,000 standard lights through Reliant Energy. Sylvania also committed to collecting 10,000 pledges on its website.

CFLs have been making headlines in recent weeks as governments, such as Australia and China, consider phasing out incandescents.

Wal-Mart also said this week it exceeded its goal of selling 100 million CFLs by the end of the year. CFL replacement in the average home can save households $350 in energy costs each year, the nation's largest retailer said.

THE U.S. CONSUMES A MILLION DOLLARS WORTH OF ENERGY EVERY MINUTE. HERE'S A BRIGHT IDEA - REPLACING JUST ONE INCANDESCENT LIGHTBULB WITH A COMPACT FLUORESCENT LAMP WOULD SAVE THIS 500-POUND PILE OF COAL & OVER 1/2 TONNE OF CO2 EMISSIONS.
(Source National Geographic)