LEDs are delightfully efficient
Homeowners can enjoy many benefits by using LEDs. The light bulbs are long-lasting and provide consistent, high-quality light output. Also, the bulbs use considerably less electricity than other types of bulbs so a home can be lit tastefully for a fraction of the cost.
"Consumers have told us that they've been disappointed with many LED bulbs to date, because of the poor quality," says Yong Cai, product manager for Philips Lighting Canada. Philips on the other hand, only offers the highest quality LED bulbs, exceeding consumer's expectations because they are so easy to use and last so long.
It can be difficult to know how to choose the right replacement LED bulb. Right now, one very popular use is to replace a 35 watt halogen light bulb in a lamp or overhead pot light fixture with a 6 watt LED bulb, like the AmbientGU10 from Philips. Your lighting retailer will be able to give you additional options for the replacement of other bulbs in your home.
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Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling
TORONTO - Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.
The power utility says it saw a one-time gain of $867 million in the quarter due to an Ontario court ruling on a deferred tax asset appeal that set aside an Ontario Energy Board decision.
Hydro One says the profit amounted to $1.84 per share for the quarter ended June 30, up from $155 million or 26 cents per share a year earlier.
On an adjusted basis, it says it earned 39 cents per share for the quarter, up from an…
