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l-prize

Philips' pricey LED bulb has impressive specs

Philips on Sunday will start selling an LED bulb that sets a new bar for performance -- and price.

The company will release the Philips L Prize LED on Earth Day for $50, which includes an "automatic incentive" from the company. The general-lighting bulb came out of the Department of Energy's L Prize competition to develop long-lasting, efficient, and less expensive LED lamps.

Philips claims its L Prize LED is the most efficient 60-watt LED equivalent and improves on features from Philips own existing LEDs.

It gives off 940 lumens, consumes 9.7 watts, and has a … Read more

Philips brings home 'L Prize' with efficient LED lamp

Philips has won the equivalent of grueling car rally race for lighting.

The Department of Energy today awarded Philips' 60-watt equivalent LED bulb with the first L Prize for energy-efficiency lighting. Philips wins a $10 million cash prize. The product could be in stores as soon as early 2012, according to the DOE.

To win, the bulb needed to generate as much light as a 60-watt incandescent at 900 lumens but consume less than 10 watts. Its life has to be rated at over 25,000 hours, or 17 years of using a bulb four hours a day.

The bulb, … Read more