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Summary:

An LED light bulb that can fit into a standard socket, will cost less than $15, and will last 8 years — that’s what Lighting Science Group and Dixon Technologies India are promising for the Indian market this year and global markets next year.

LSG Sub-$15 LED Bulb

An LED light bulb that can fit into a standard socket, will cost less than $15, and will last 8 years — that’s what Lighting Science Group and Dixon Technologies India are promising. On Monday, the two companies announced they will be producing the breakthrough 60-watt-equivalent bulb first for the Indian market this year and then for global markets next year.

The barrier for LED bulbs for both the consumer and commercial customers has long been price. Companies like GE and Lemnis Lighting have launched LED bulbs that can replace incandescent bulbs, but cost between $40 and $50. In comparison, incandescent bulbs can cost 50 cents to a $1, and compact fluorescent bulbs can cost $4 to $5 or so.

LED lighting companies point out that even though LEDs are more expensive upfront, they can lead to significant savings over time, given they can save significant amounts of energy over their lifetimes. Lighting Science Group says the new bulb uses 35 percent less electricity than a CFL, and that the payback from the sub-$15 purchase is 8 months in energy savings.

A $15 LED bulb could be a game changer for getting more consumers and businesses to be able to afford LEDs, particularly in India, where a $40 or $50 LED bulb is prohibitively expensive.

Lighting Science Group and Dixon Technologies India say that the market for LED lighting in India is expected to grow to $400 million by 2015 (53 percent growth per year), and switching over the current light bulbs in India to LED bulbs could reduce the country’s energy consumption by 40 percent. The companies say that 800 million incandescent bulbs and 300 million CFLs are sold in India each year.

Ultimately, the lighting market will likely move completely to CFLs and LEDs. Governments and companies throughout the world have been phasing out inefficient incandescents, and the U.S. plans to begin phasing out inefficient incandescents starting in 2012.

  1. The price of LED bulbs was bound to come down as manufacturers learn how to produce them less expensively.

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  2. How about also the phasing out of CFLs that are both dangerous (mercury content) and inefficient (doesn’t last as long as they claim). LED bulbs seem to be the way to go.

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  3. Check out this EarthLED 60 watt replacement for $15:

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    1. I have to agree. When was this article written? Today $40 buys you a top end 65 or 75-watt equivalent LED bulb and there have been good $15 – $20 choices for some time now. Sometimes you need to go beyond press releases and actually do some shopping.

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  4. I know of a store near Apple’s headquarters that is selling LED light bulbs for around $10 -$15 dollars. How is this news?

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  5. This is 60 watt equivalent. Other $15.00 LEDs are much less. The Philips 60 watt equivalent has been $39.00 for some time at home depot. So 60 watt equivalent for $15.00 is a breakthrough. Of course, only the Philips bulb has been awarded the DOE L prize. So quality of light is another factor to consider

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  7. LED ALADDIN LIMITED Monday, October 24, 2011

    LED Light Bulbs LK 9W High Lumens 900lm (CW)
    http://www.ledaladdin.hk/led-light-bulbs/led-light-bulbs-lk-9w-900-lumens.html
    LED Light Bulbs using a surface light emitting Multiple Chips & Cups on Board LED light source design.
    Up to 80% energy saving compared with halogen lamps.
    Longer lifetime – lower maintenance cost.
    Clearly defined beam spread.
    UV- and IR-free light for less heat and protection for heat sensitive objects.
    Free of mercury and hazardous materials.

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