Articles about Mortgage Loans---RenewableEnergyStocks.com Reports - Oil Prices and Global Warming Issues Fuel Renewable Energy Investments and Initiatives
In North America, issues such as rising oil prices, hurricanes,
global warming and other environmental crises are raising the
awareness and importance of renewable energy initiatives. The
benefits to both consumers and corporates of energy efficient
lighting solutions are gaining in importance as executives from
General Electric (NYSE: GE), Philips Lighting B.V. (NYSE: PHG)
and Cyberlux Corporation (OTCBB: CYBL) make evident through
their conversations with RenewableEnergyStocks.com in the
following report.
Traditional lighting companies are obviously aware of the energy
efficient trend and are working to develop solutions that fit
into the nation's renewable energy initiatives.
"Energy-efficient GE products save customers money," said Joseph
G. Howley, Manager, Industry Relations & Environmental Marketing
at GE Consumer & Industrial.
"Customers are willing to pay slightly more for these products
because they get a quick payback from the energy savings,
"continued Howley. "For businesses, the overall cost of light,
not the cost of the bulb, is what counts: bulbs can represent as
little as 4 percent of the overall life-cycle cost; maintenance
and labor costs such as installation represent as little as 8
percent of the overall life-cycle cost; and energy costs over
the life of a bulb can represent as much as 88 percent of the
overall cost of light. The financial benefits to the customer
and GE drive the development of energy efficient products."
"The capability of solid-state lighting technology has advanced
significantly, at a 'Moore's Law' pace," said Mark Schmidt, COO
and president of Cyberlux. "Our products harness this capability
and give home builders, residential designers and home buyers a
new, energy efficient alternative to traditional lighting
technologies."
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