Philips Eco-Friendly, Low Power Consumption Light Bulb Is Expensive

Energy saving solutions may not always be cost effective. The latest electric bulb from Philips; which received the $10 million grant from the USA department of energy in August last year on winning the L prize is hitting the retailers in US like Home Depot this Sunday (it's the Earth Day) for a pocket bursting $50 price tag. Utility companies may bring down the price of the bulb to $20 a piece. Those of you who prefer to buy online should start saving as the utility companies won't offer discounts on online purchases.

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The bulb does save the money! The bulb only consumes 10 Watt power to produce illumination equivalent to a 60 Watt bulb. If you use it for 4 hours every day, you will save $8 per year. The life of the bulb is estimated to be at least 30,000 hours or about 20 years on 4 hours of daily use. Although the bulb looks yellow when turned off, it produces white light when turned on. Tell us what do you think.

Via: #-Link-Snipped-#

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