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Did you know there is a law that states as time passes LED bulbs will not only become cheaper, but will produce a higher quality light? OK, so it may be one of those logarithmic forecasts rather than a system of rules and guidelines enforced by governments, but data over the past 40 years indicates this prediction is extremely accurate. Many industry insiders actually believe that at the current rate of LED innovation, the law may be too modest going forward.
This law, called Haitzâ€™s Law, was conceived by Dr. Roland Haitz, a now-retired scientist at Agilent Technologies. It states that every 10 years the cost per lumen falls by a factor of 10, while the amount of light generated per LED package increases by a factor of 20.
The implications of Haitzâ€™s law are significant, not only for consumers, but for the lighting industry, the way we consume electricity, and the environment:
With quality increasing and price decreasing, at what point are you going to take the plunge and replace your inefficient bulbs with LEDs? Keep in mind that every day that passes you are spending more money in electricity, maintenance, and bulb replacement. For more concrete numbers, use our free Leapfrog Lighting Savings Calculator.