Related: Philips unveils innovative $10 pancake-shaped SlimStyle LED light bulb
The new Philips LED is not only a bargain at the cash register, but it will pay off in additional savings over the course of its lifetime as well. The LED uses only 8.5 watts of power and is estimated to cost just $1.02 per year to run over its 10-year lifespan. Compared to traditional lightbulbs, the new Philips LED bulb can rack in as much as $62 in savings over the life of the bulb—and that’s per bulb, mind you. The more household lights one can replace with a new Philips LED bulb, the bigger the savings.
This affordable, energy-efficient lighting option, announced on the eve of Earth Day, is just one of many financially savvy and environmentally friendly innovations Philips has offered the world. While LEDs have generally been considered a better lighting option in terms of energy efficiency and light quality, they haven’t traditionally been that affordable. Philips’ new bulb is so affordable, and also shatter-resistant, that consumers won’t fret about switching over all the bulbs in their house to a greener alternative.
Images via Philips