MANILA -- Multinational company Philips on Wednesday urged power consumers to change their incandescent bulbs (IBs) to CFL to save hundreds of pesos on monthly electric bills and save the environment.

In a press briefing at Makati Shangri-La Hotel, Philips Country Manager RJ Buenaventura added that the use of CFL would cushion the impact of climate change through less carbon footprint.

The Department of Energy (DOE) said CFL utilized for 1,000 hours per year only consumed around 13kWh, compared to around 60kWh used up by one incandescent bulb utilized for the same period, saving 47kWh per bulb in one year.