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Light emitting diode ( LEDs ) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical 6 0
Light emitting diode LEDs light bulbs have become required in recent years, but do they make financial sense? Suppose a typical watt incandescent light bulb costs $ and lasts for hours. A watt LED, which provides the same light, costs $ and lasts for hours. A kilowatt hour of electricity costs $ A kilowatthour is watts for hour. However, electricity costs actually vary quite a bit depending on location and user type. An industrial user in
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