Wednesday, October 27, 2010

LED Lighting Prices in Rapid Decline

It has been heavily reported that LED lighting prices are in rapid decline, and I noticed this first hand at Sam's Club last week.

About 2 months ago I purchased two GE 2.5 watt LED bulbs for $30. Today, the same package is $20 - a $10 decrease. These bulbs are only 80 lumens (relatively dim), but they work great in my stairwell footing light fixtures and in my refrigerator (which has 4 bulbs!). Point being, 80 lumens has relatively few applications, but if you have a good one you can expect savings.

My application is a stairwell foot light, where a 60 watt bulb was originally installed.  Using the payback calculator, these now will actually pay for themselves in their 10 year estimated lifetime, as compared to a 13 watt CFL. And they pay for themselves in just 3 or 4 years compared to the 60 watt bulbs that were originally installed. 

Those aren't spectacular numbers, but it is a huge improvement from a year ago.  If these gains continue through next year, we'll see LEDs starting to take some market share from CFLs.

2 comments:

  1. I noticed that too - all of my porch lights are now LED - perfect lighting for the night without being too bright.

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  2. Sounds great, but be aware if you are using those GE 2.5 watt LEDs, the small print on the back says not to use them outside.

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