Electricity Question! Please help?

My guess is the CFL bulb is 80watt equivalent and not actually using 80 watts. Old bulbs were referred to in watts, and people know how bright that is; newer CFLs list the wattage equivalent so people have a good idea how bright they will be. Lumens is the real measure of brightness, not watts; watts is a unit of power. Your "80 watt" CFL is probably drawing more like 17 to 20 watts of power. If you draw more watts than the lamp is rated for, you risk a fire from melting components. To be on the safe side, read the CFL bulb/packaging carefully to determine if it is equivalent to an 80watt non-CFL or if it is actually using 80 watts of power (this would be extremely bright, about the same as 3 100watt standard bulbs).