LED Prices to Drop Tenfold in Three Years, But Will the U.S. Lead the Industry? September 23, 2010Posted by bowmanlamps in LED lighting.
Livermore, Calif.–To outfit a house with LED bulbs today could cost around $2,500, according to Bill Watkins, CEO of Bridgelux, at the ribbon-cutting ceremony that took place at the company’s manufacturing facility here.
“It will be down to $200 in three years,” he added.
Businesses will benefit from this price drop, too. A company that retrofitted its commercial real estate with LEDs might see a payoff in energy savings in about seven years, Watkins said. Three years from now, that will drop to less than two years. Read the article posted by Michael Kanellow on greentechenterprise. Can’t wait that long? See what LED light bulbs are available at the Bowman Lamps store.