Condos switching to LED lights [News]
More than 30 condominiums island-wide are making the switch to Light-Emitting Diodes (LED) lights in a move to cut electricity costs and conserve electricity in the long run.
They have signed up under the energy (electricity) management programme headed by the Association of Management Corporations in Singapore (AMCIS).
AMCIS is a not-for-profit association that seeks to improve the standard of property management and reduce the cost of managing estates.
Launched in December 2010, AMCIS chief executive Francis Zhan said a dozen condominiums were involved during the trial project and the “results were encouraging”.
Based on the current electricity tariff of 29 cents per kilowatt-hour (kwh), a condominium with over 900 units working with the association can save about S$220,000 annually and S$1.1 million over five years, according to Mr Zhan.