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CSU is doing an energy audit for incandescent light bulbs on campus and needs to assess the energy savings associated with replacing thenm with CFL

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CSU is doing an energy audit for incandescent light bulbs on campus and needs to assess the energy savings associated with replacing thenm with CFL or LED light bulbs. At present, CSU has 75W incandescent light bulbs that run for ~11 hours per day averaged over the month and have a life of-3 months. The Facilities and Administration (F&A) department has calculated that the labor cost of replacing a single light n average light bulb costs $o electricity costs at CSU are $15 per MW-hr, draw a cash flow diagram for an incandescent light bulb that includes capital, labor, and electricity costs and calculate the equivalent annual uniform cost per month Assume: 1. Nominal interest/discount rate of 5% 2. Monthly compounding

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