Green Economics: City of Phoenix Saving $600k/year Due to Energy-Efficiency Program
There's an economic case for CFLs. The City of Phoenix is saving about $600,000 a year after replacing traditional lighting with CFLs. Mayor Phil Gordon said the city has replaced about 95% of the city's lights with energy-efficient alternatives (as part of a $1.2 million one-time investment) and is starting to see the rewards. At $600,000 in savings per year, that's a 2 year payback on your investment. This is smart business.
