$75 or $2? How much would you pay?

So with the economy in a downturn, it seems that EVERYONE is cutting down on spending now. Lighting included. By now most people know LED’s are AWESOME in termss of energy savings, money savings, environmental benefits but many still aren’t spending the money.

LED bulbs right now range anywhere from $10 (of the Ebay variety) to $150 across the internet. The ONLY way they’re going to get cheaper is simple supply and demand. If there aren’t enough people buying, then manufacturers won’t be able to sell enough quantities to bring prices down. So it seems the path to adoption is sell to large-scale projects like hotels, office buildings, chain restaurants, that can retrofit their fixtures with bulbs like this LED PAR38 (since they use & save the MOST energy) to bring prices low enough to the point where average homeowners can afford LED lighting.

A couple manufacturers and large distributors I’ve spoken to recently have been focusing on targeting large scale projects, government projects (street lighting, government buildings, universities etc.). This makes sense since they’re not as price sensitive and can actually SEE the savings on their final bill by switching out hundreds, if not thousands of light bulbs that are on typically 12 to 24 hours a day.

Now average Joe-Six-Pack *wink*, by switching out 1 or 2 bulbs or even 10 bulbs in his home won’t really see a huge difference. So it seems the strategy for most people/consumers is to “sit and wait till the price drops”. But to how low? How much would YOU pay?

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