Even though some LED (or light-emitting diode) light bulbs boast lifespans that last decades while consuming minimal energy compared to old school incandescent bulbs, their price — often hovering around the $40 mark — has remained a sticking point with many consumers. Sure, the savings in the long run are remarkable, but who really wants to spend more than $20 on a single light bulb?

 

Well, meet the latest creation from the geniuses over at Lighting Science Group: an omnidirectional, 60-watt equivalent A19 LED bulb with a sticker price of $15 or less. That's right, folks — a $15 LED.

 

Developed in cooperation with Indian electronics manufacturing giant Dixon Technologies, this low-priced, high-performance bulb with a lifespan of around eight years will initially be released in India later this year before making its way stateside and elsewhere in early 2012. The revolutionary bulb is designed to consume 85 percent less energy than standard 60-watt incandescents and 35 percent less energy than CLFs.

 

Says Atul Lall, deputy managing director of Dixon Technologies, in an official news release:

 

With 800,000,000 incandescent light bulbs and 300,000,000 CFLs sold in India each year, the market is ripe for these highly efficient, long lasting and nontoxic products. The economic and environmental implications of this partnership are significant: old-style light bulbs use 60 billion units of electricity each year, 7% of India’s total, and our Lighting Science Group Definity® lamps could save over 70% of that, equivalent to 32 coal fired plants with 500MW capacity.
 

The tag-team effort between Florida-based Lighting Science Group, the same company that teamed up with Google for the Android-controlled LED and is helping to sponsor the U.S. Solar Decathlon, and Dixon will help transform India, a country that relies heavily on coal-fired power plants and plans to build 80 new ones in the next five years, into “an early, large-scale adopter of LED technology" according to Jim Haworth, CEO of Lighting Science Group. Haworth also believes that the 60-watt equivalent bulbs and other LED lighting solutions (street lights, outdoor and industrial fixtures, etc.) produced by his company and Dixon are poised to become “some of the best selling lighting products in the world.”

 

Read more about this exciting new development here

 

Also on MNN: 

The opinions expressed by MNN Bloggers and those providing comments are theirs alone, and do not reflect the opinions of MNN.com. While we have reviewed their content to make sure it complies with our Terms and Conditions, MNN is not responsible for the accuracy of any of their information.