General Electric recently announced the release of their Energy Smart LED light bulb, which is designed to replace traditional incandescent bulbs. Each bulb sells for $50, which sounds pricey but its long lifespan and energy efficiency promise a return on investment. The bulbs will hit shelves in January 2011. New technology is always expensive at first, especially since primary producers have a virtual monopoly on the market. But, recent tests show the light bulb can have a lifespan of 22.8 years, Sounds like a deal to me.
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