New Hyper-Efficient Bulb May Be Too Costly

Cree has recently released their new hyper-efficient bulb in the stores and while, we’re super excited about a new LED light out in the market, it may be too expensive for consumers to buy.

But, wait, let’s talk about why it could be worth the extra dollars. The Cree bulb only uses one-tenth of the electricity a 75-watt incandescent bulb absorbs. Additionally, the bulb produces 152 lumens per watt versus incandescents, which only produce 14.6 lumens per watt (‘lumen’ is a measurement of the visible light emitted by a bulb). In total, the Cree bulb produces a whopping 1,300 lumens, certainly exceeding the innovation goals  of the U.S. Department’s L Prize Competition.

With these great statistics, the Cree bulb can actually reduce energy usage in the United States by 16.5 percent, as the company claims. However, this claim may be difficult to prove considering the bulbs are a bit too costly for the consumer market. On average, LED lighting costs $18 per kilolumen produced, while incandescent bulbs were around $2.20 per kilolumen. LEDs are expected to lower in price, but this may not happen until a few years later, when demand for LEDs will increase since the Energy Act of 2007 will eliminate incandescent light bulbs from the market.

So, for LED manufacturers, there will surely be a bright light at the end of the tunnel.

Excited about Cree’s hyper-efficient bulb? Share your thoughts below.