The amount of money saved by using compact fluorescent lightbulbs

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Chapter 25, Problem 28P

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The amount of money saved by using compact fluorescent lightbulbs

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Problem 36: Suppose the cost of an incandescent bulb is 23 cents and that electricity costs 15 cents/kWh. Compact fluorescent lightbulbs (CFL), while they are more expensive, use 1/10 of the power for the same amount of illumination. What would be the maximum cost (in dollars) of a CFL such that the total cost (investment plus operating) would be the same for both CFL and incandescent 60 W bulbs? Assume both lightbulbs run for 1000 h.

Compact fluorescent bulbs aremuch more efficient at producing light than are ordinary incandescentbulbs. They initially cost much more, but they last far longer and usemuch less electricity. According to one study of these bulbs, a compactbulb that produces as much light as a 100 W incandescent bulb usesonly 23 W of power. The compact bulb lasts 10,000 hours, on the average,and costs $11.00, whereas the incandescent bulb costs only $0.75,but lasts just 750 hours. The study assumed that electricity costs $0.080per kilowatt-hour and that the bulbs are on for 4.0 h per day. What is the total cost (including the price of the bulbs) to run each bulb for 3.0 years?

Compact fluorescent bulbs aremuch more efficient at producing light than are ordinary incandescentbulbs. They initially cost much more, but they last far longer and usemuch less electricity. According to one study of these bulbs, a compactbulb that produces as much light as a 100 W incandescent bulb usesonly 23 W of power. The compact bulb lasts 10,000 hours, on the average,and costs $11.00, whereas the incandescent bulb costs only $0.75,but lasts just 750 hours. The study assumed that electricity costs $0.080per kilowatt-hour and that the bulbs are on for 4.0 h per day. How much do you save over 3.0 years if you use a compact fluorescent bulb instead of an incandescent bulb?