Royal Philips Electronics Reveal That Africa Can Save $10 Billion from LED Lights Reports LEDSignsWork.com

San Francisco, CA -- (SBWIRE) -- 09/07/2012 -- Royal Philips Electronics has stated that Africa could save up to $10 billion a year if they are to go with LED signs instead of their current energy consuming electric bulbs.

The results have come through a global study research undertaken by Philips market intelligence team. The aim of the research was to find the effects of converting to more energy-efficient LED lighting.

The giant company made the statement based on the research which showed that the African continent can save massive money on LED solutions, more than 50 million tons of carbon and almost equal energy output of 35 power stations.

“We have now reached a tipping point in the development of high-quality LEDs, where this exciting new technology can be used for general lighting in almost every application,” says Philips Lighting Southern Africa GM Mark Henrik-Koerner, according to engineeringnews.co.za.

“High-quality LEDs offer opportunities and solutions to a few key issues we face today, which include the energy crisis, climate change, resource scarcity, safety in cities and productivity in offices, as well as an enhanced sense of health and well- being,” he says.

The city is also looking to save in maintenance costs after the lights have been installed. The new lights are under warranty in the first year and that is the year the city will save the most money for maintenance. The City spends about $200,000 a year for streetlight maintenance and are hoping to see a major drop in those numbers.

"We felt that since this was a very large scope project, and because there are so many different kinds of products, we wanted to get public feedback on their preferences," said Don Frascinella, transportation manager for the city.”

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