LamarNewAge writes:
Here is the problem.Consumers refuse to spend a few more $ upfront on LEDs (over incandescent bulbs) even though the savings will come in months if not weeks. (8 hours per day use of LEDs saves around $100 a year verses incandescent bulbs).
I think your figures may be a bit off. A hundred watt incandescent bulb running for eight hours a day for a year at $0.20 per kilowatt hour would cost $58.40. You couldn't save $100 in a few weeks, not even in a year. The most you could save is $58.40 if you managed to find an LED bulb that used 0 watts.
The national average for electricity costs is around $0.11 per kilowatt hour, barely more than half the figure in my example and reducing the savings even more.
Maybe what you meant to say is that you would save the cost of the LED bulb in as little as a few months (in states with low electricity costs it could take nearly a year, depending upon the cost of the bulb).
--Percy
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