Off Topic - LED Lightbulbs - Any experience?

[tulip]

I don't know about investing in lighbulbs but if I was shopping for investments, mutual funds etc I'd be looking at the companies ecco policy and how "green" they are. I'm sure there's a mutual fund or so that does that.

There are lots, actually. My investment firm that handles my 401k has options for green investments, socially responsible investments, etc. They do just fine, and I imagine the will do better in the years to come and more is invested in green stuff and technology. Google and yea shall find.

[Trek420]

I like socially responsible investing and the idea of carbon offsets. But I what I'm doing now is making my own home a "carbon project" Why spend money on carbon offsets when my own windows are not dual pane or I have ineficient appliances? When I've done all I can to my own house and lifestyle (I'm considering a new or newer car with lower miles or hybrid) then I'd look to more investing in "green" or greener companies.

Till then these funds are a good source of research. Whether you're buying shoes or bow ties you can find which companies are considered "greener". You may want to buy their products.

Yep, I already invest about 14% pre-tax in the company 401k but they don't give me that particular choice of funds.

[Mr. Bloom]

Two things:

1. Go to www.morningstar.com ... you can join for free and if you search "green investing" they have some guides

2. Funny call at the office from the local gas company this week.

Two years ago, I had to plan and manage the gutting and total renovation of my office building. I got the board to accept a budget that included 10% being devoted to replacing the HVAC system with 90% efficiency furnaces. The economic rationale being a 4 year payback on the investment.

This week, I get a call from Vectren (the gas company) to say that my building "showed up on a report".

"Oh", I asked..."Is that a problem? What report?"

"Well", she said, "there's been a material change in your gas utilization."

"Oh", I said, "that doesn't surprise me"...and I explained how much we invested in the HVAC and the expectation of higher efficiency...yada yada yada

"Well", she said, "that's great, but the reason you're on the list is that your gas consumption went to nearly nothing".

They came and checked the meters yesterday...and the high efficiency investment reduced our gas consumption to nearly nothing in a 6,000 square foot, 50 year old building, with 23 employees and hundreds of customers coming and going constantly

How 'bout that! My guess is that the payback is less than 4 years at current prices...

I will admit that I'm not a naturally "green" person although I've always respected the cause...but when you combine good stewardship of the environment with good economics, you will achieve wide scale change in behavior. This is where we are today...

[Trek420]

I will admit that I'm not a naturally "green" person although I've always respected the cause...but when you combine good stewardship of the environment with good economics, you will achieve wide scale change in behavior. This is where we are today...

Oh great, another thing me to replace Way to save money and the enviornment Mr. S.

I've always championed the enviornment but now I really don't care why people make greener choices. I'm a teeny tiny cog in a beeeeg company but am on the safety crew for our building and hence get to be in long meetings with building services management for the East Bay. Lucky me.

So I talked to the guy, hey, "we own the buildings, why not go solar?" He said the company is exploring options but wants things with a quick return like 2 years.

In San Francisco the city gives additional incentives above the normal tax and PG&E stuff for solar and replacing lighting. We'd be fools not to do it there. "it's under review blah blah blah"

He said they are replacing all windows with ones that better reflect light/heat in summer and retain in winter, there are recycle bins everywhere .... lots of other projects too.

I am sharing information with him on LED's. I'm sure he's aware. Co's have reaped tremendous savings by replacing those mandated illuminated EXIT signs with LED. We have what are locally called BART boards, lit rolling announcement boards in call centers. They could easily be LED right now.

I don't care why people choose "greener" choices initially or on replacement even if it's just cheaper or for fashion whatever. Just do it.