Alternative Profits Blog

Compact Fluorescent Lamp (CFL) - Opportuinities, Trends and Challenges

Definition

A compact fluorescent lamp (CFL), also known as a compact fluorescent light or energy saving light, is a type of fluorescent lamp. Known for their energy efficiency, many CFLs are designed to replace incandescent lamps and can fit into most existing light fixtures used for incandescents.

Market Need

A lighting mechanism that is more energy efficient

Trends
• Wal-Mart has announced an ambitious campaign to sell 100 million compact fluorescent light bulbs (CFLs) at its Wal-Mart and Sam's Club locations by the end of 2007. If achieved, this goal has the potential to save customers as much as $3 billion in electrical costs over the life of the CFLs.
• With nearly 20 percent of all home electric costs stemming from lighting alone, CFLs can have tremendous benefits.
• Sales of CFLs hit 290 million in United States in 2007 alone.



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