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Bright light, big pricePhillips has just released its most energy efficient lightbulb to date: the Phillips L Prize LED bulb. While the bulb was designed to last upwards of three decades, it has generated some controversy because of its $60 price tag. CNET's Kara Tsuboi reports.
Imagine installing a light bulb and not needing to replace it until your new born baby graduates from medical school. Introducing the Philip L price LED bulb, the longest lasting bulb on the market to date. Actually, last 27.4 years is what they say. So roughly 30000 hours which is phenomenal compared to your average incandescent bulb which is an average 1000 hours. Experts say the technology behind this environmentally friendly bulb is pretty remarkable. They really are better than CFL's. They're much better than incandescent's in terms of their efficiency, in terms of their life, their instant on, they're dim-able. I mean, they're high tech lights. There's no other way to say it. And then there's the bulbs glow. Much warmer than it's competition. LED light bulb technology started in flash lights but the tech has come a long way, making the glow softer and warmer so the consumers would wanna put this bulbs in their home. But this specs come with a price. $60 a bulb before rebates at some retailers. As it involves and as the market grows and the costumer demand grows. The price will drop. They are selling but they are certainly not taking over the world just because people have other options and compact florescent bulbs and they're still are other more efficient incandescent technology, namely, Halogens. Competing with other technologies through your dollars and cents to earn a spot in your living room. In San Francisco, I'm Karen Suboy, cnet.com for CBS news.