In June of this year, Lux Research released a report predicting that LED bulb prices will be cut in half by 2020. If Lux’s prediction is correct, a 60-watt LED bulb could cost just $11.06 by the end of this decade. Given the efficiency of LED bulbs, that low price could definitely provide a cost incentive for consumers to use LED lights more frequently in their homes.
If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
