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Oct 18
2011
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A recent study from the National Electrical Manufacturers Association showed that approximately 20 percent of all light bulbs sold in the United States are energy saving compact fluorescent light bulbs.
With rebates and other energy savings on electricity abilities available for these lightbulbs, many consumers still stick with the incandescent light bulb, which has been in widespread use for decades. The 80 percent of the market held by these items is the largest in four years, the study noted. Though the old bulbs are selling more than energy-efficient ones, a phase-out of these instruments starts at the beginning of next year.
Compact fluorescent light bulbs can cost about $2 each, but the main incentive is the overall energy savings, according to Consumer Reports. Homeowners can make that money back in their electric bill within one year of installing the item, and it could save over $50 throughout the bulbs lifespan.
Consumers may want to utilize CFLs, as they are already set to become the only option. In addition, they also will have a much better return on investment than incandescent bulbs will.
(HomeESP offers cash back rebates on all energy saving light bulbs - Click Here for more)
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