Philips and Eskom Announced an Energy-Saving LED Lighting Deal.

Royal Philips Electronics and South African state-owned utility company Eskom have announced an energy-saving LED lighting deal. Under the agreement, 200,000 Philips MasterLED lamps are being distributed through Karebo Systems throughout South Africa to professional users of lighting such as hotels, banks, offices and retail outlets. These businesses and their staff will benefit from maintenance savings, great quality light and an enhanced sense of well-being, the companies said. The deal is aimed at replacing 50W halogen bulbs with 7W and 10W LED lamps, which provide the same amount of light, and last significantly longer. The collective electricity savings potential of this deal is estimated to be 58GWh per year equal to ZAR41 million (US$5 million) and would save up to 60,000 tons of CO2, they said. Based on calculations of 40-43W less power consumption, each lamp has the potential to annually save 280KWh of electricity equal to ZAR200, the companies said, adding every four lamps installed will save the equivalent of three trees in terms of CO2 absorption. Source: www.digitimes.com