In with the new:
The U.S. government last year announced a $10 million award, dubbed the “L Prize,” for any manufacturer that could create a “green” but affordable light bulb.
Now the winning bulb is on the market.
The price is $50.
Sure, $50 might sound expensive, says Merrill Goozner at The Fiscal Times. But LED bulbs "are one of the most cost-efficient investments consumers can make." Philips' bulb will last 10 years, and uses only 10 watts to produce the same amount of light as a 60-watt bulb.
Price of a standard incandescent on the soon-to-be black market, compared our $50 bulb, created with $10 million of taxpayer subsidies:
But how long will they last? Ah:
GE bulb from 1912 still works
In preparation for the 100th anniversary of an industrial park in the Cleveland area next year, GE Lighting dug up a time capsule at one of Nela Park's original buildings.
But the real find was buried in sand above the capsule: Five incandescent light bulbs, at least one of which still worked when plugged in.
GE spokesman David Schuellerman said via email the company thought the bulbs were buried inside the capsule, making the fact that any of them survived even more remarkable....One bulb plugged in at the site of the time capsule ceremony did, in fact, work. Schuellerman said a repeat test was done later in a lab on that bulb and it worked a second time.
Sorry, those bulbs are illegal now. But not to worry - it's not about lavishing your hard-earned money on the government's allies, or forcing you to buy into a cultish, almost maniacal ideology on the threat of imprisonment. It's for your own good that this miracle of science has been banned. So sayeth honored Energy Secretary Stephen Chu:
“We are taking away a choice that continues to let people waste their own money”