Question: For the same property as above, Mr . Howey proposes now to change the light bulbs in five hallways to save electricity. Here is his

For the same property as above, Mr. Howey proposes now to change the light bulbs in five hallways to save electricity. Here is his plan:Current lighting: 100 light bulbs 100 watt/hour energy consumption per unitProposed lighting: 100 light bulbs 75 watt/hour energy consumption per unitIf the cost of electricity still is $0.2005 per Kwatt/hour, how much will the new light bulbs save annually if you approve the change? (Calculate the saving without factoring in any labor cost involved in changing the light bulbs.)

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