Trading firm pitches LED lights to bring down electricity bills

HOMEGROWN business Ynoc International Trading officially launched yesterday the fourth generation of LED lights, its latest product for distribution in Central Visayas.

These lights, manufactured by Green Energy Savings (GES) in China, reportedly allow users to save as much as 70 percent on electricity bills.

Marc Ynoc, chief executive officer of Ynoc International Trading, said they hope to introduce the new lighting technology to businesses that have non-stop operations, like those in the manufacturing and hospitality sectors.

“This technology is appropriate for the hospitality industry, in particular, given that power is one the factors that hospitality firms have no control of,” said Ynoc, whose family owns San Remigio Beach Club.

In one of his meetings, Ynoc said, hotel operators disclosed that the use of LED lights has helped them save P5 million to P8 million in electricity costs.

Ynoc said they are confident about selling the product here given that GES has been accredited to have met international standards. It comes with a five-year warranty.

“Contrary to some consumers’ belief that LED lights are expensive, this fourth generation LED light we are offering is 30 to 40 percent cheaper than the third generation LED lights,” said Ynoc.

Ynoc International Trading is an import and export company in Cebu that was established last year and maintains warehouses in Mandaue City and San Remigio.

The firm exports seaweeds, handicraft, furniture, and dried mushrooms. It plans to distribute power transformers and heavy equipment soon. Ynoc said they also plan to put up factories for their growing export operations. The firm has expanded its operations in Mandaue, Bogo, Tagbilaran and will soon operate in Davao.

A lawmaker in Metro Manila, Rep. Edwin Olivarez of Parañaque City, has urged the House of Representative to support a bill that will make government offices switch to LED tube bulbs to bring down electricity bills.

The bill, if approved, will be known as the LED Light Savings Act of 2013. “The use of LED lights will not only promote government efficiency but also protect the environment by not using products that contain mercury or cause high carbon dioxide emissions,” Olivarez said.