This is the fourth post in a series on explaining common misunderstandings about LEDs. The previous installments include, Myth: LEDs Don’t Save Power, Myth: LEDs Don’t Work, and Myth: LEDs Are Light Bulbs.
$50 for a light bulb? Eesh. Who would want to pay that when you could buy an incandescent light bulb for $2.50, and use the extra cash on a new outfit or a tank of gas? Why pay more when you can pay less?
Is The Price Right?
It’s no secret that LED light bulbs cost more than other light sources – incandescent, halogen, and even fluorescent – but those price tags don’t tell you the whole truth. They leave out the fact that you’re saving money by spending a little more for a quality light bulb.
Let me break it down for you:
LEDs last much longer than older kinds of light bulbs. If you pay $29.90 for this LED A lamp, and it lasts 23 years (give or take), that price evens out to cost you just over one dollar per year!
If you buy a cheaper light bulb, like a halogen A19 for $3.25, and it burns out after a year or so, over those same 23 years you’ll have spent about $75 on replacements. Ouch!