Philips’ Innovative New L Prize Winning 10W LED Bulb Will Launch for $50 on Earth Day

Philips has announced that it will be launching the most energy-efficient, high performance light bulb ever made – the award-winning L Prize LED Bulb in stores on April 22, 2012, just in time for Earth Day. The bulb, winner of the U.S. government’s $10 million L-Prize, uses a mere 10W of energy to glow significantly brighter than a 60W incandescent bulb (at 940 lumens) – meaning it uses less than 1/6th of the electricity to output more light. The L Prize bulb retails for $60 but Philips will be discounting it to $50 for consumers and government rebates could reduce the price even more to $30. $50 might seem like a lot of money, but when you consider the energy bill savings each month, the durability and lack of mercury, and the fact that you won’t have to replace this bulb for 20 years, it becomes apparent how smart of an investment this is over the long term. Homeowners and renters will also see increased energy efficiency and lower energy bills, and contrary to popular belief, this LED bulb gives off a soft, pleasing ‘warm’ light, due to Philips patented ‘remote phosphor’ design which softly diffuses the LED light in a warm, amber tone.

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