The Manila-based Asian Development Bank (ADB)  says $100+ million will be saved every year when Filipinos start using energy-efficient lights.

ADB will fund the energy-efficiency project in the Philippines by giving away 13 million energy-saving lights to homeowners and businesses with the government’s backing to cut the nation’s power bills.

ADB has approved a $31.1 million-dollar loan to the Philippines government for the Philippine Energy Efficiency Project.  Compact fluorescent lamps (CFL) will be distributed to customers nationwide in exchange for their incandescent bulbs. Each CFL will save customers 400 pesos ($8.50 dollars) a year for the next 7 to 10 years. GP wonders why this isn’t happening in every country in the world.

The project will fit government office buildings and public lighting systems with efficient lighting options also as well as establish an energy service company for financial and technical suppor.

Just 20 percent of the electricity used by regular light bulbs produce light. The rest produces heat. A CFL uses all of its electricity input to produce light.

The average incandescent bulb lasts about 800 hours. CFLs will have a life expectancy of 10,000 hours and 2-year warranty to boot.

Tell me again why this isn’t happening in every country.

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