Times are financially tough for many people right now. So saving money is important. Saving the environment is also a hot button issue right now. So if you could find something that saves you some cash and saves mother nature that is pretty good. One way that you can save some money as well as some energy is to use LED bulbs.
The CFL bulb has become very popular now and you can often get them for the same price as the old style bulb. A CFL light uses only about 17 watts of energy to give you the same amount of light that a 50 watt bulb would give you. The CFL lasts much longer too so you do not have to replace the bulbs as often. So as you can see a CFL good choice to use to replace a standard light bulb with.
The LED light can do even better compared to a standard light though. LED lights give you the same power of a 50 watt bulb with only 5 watts of power roughly. That will depend on what kind of LEDs are used the best give you about the equivalent of 10 watts of traditional bulb light for each watt of power they use but some are lower but still better then the CFL. LED bulbs last even longer then the CFL bulbs and will take a very long time before they burn out. While the LED light may cost more just in the savings you get from not replacing as many bulbs will save you money over the life of an LED light.
Even compared to CFLs if you can get a good price for an LED light you will save over the long run. You are going to be using about a third of the electricity to run the LED light. The other savings is longer life which is not as impressive as the difference between the standard bulb but you can save changing bulbs once or twice which helps make the LED bulb cheap.
If you can get a good deal on LED lights then you will have no problem saving money. Some places these lights can be very expensive. At my local OSH I saw 3 watt LED bulbs for $15. However you can easily get them cheaper. Online it is not uncommon to be able to get the anything in the 7 watt or under range for about $1 a watt. It will be harder to find the 5-7 watt that cheap but you can. One of the best places to look is on ebay. You can also Google China wholesalers and they will ship you one single LED for an amazing low cost if you can wait for the slower shipping but they can be cheap. You should look around to find the best deals.
If you get a good deal on your LED light then you will save 3-10x the energy but you can save in the cost of bulbs too. Over the life of the LED light you will have saved lots of money.