General Electric – a technology and financial services company – announced that it will stop manufacturing compact fluorescent light bulbs in favour of LED (light-emitting diode) ones, to help achieve more energy-efficient lighting.
The company will stop producing compact fluorescent light bulbs and start manufacturing and selling LED light bulbs – which are more energy efficient and have better quality – by the end of the year.
In the United States, as well as abroad, compact fluorescent light bulbs did not meet government standards for energy efficiency. Moreover, earlier CFL light bulbs took a lot more time to light up, and had very harsh quality of lighting. They were designed to replace regular incandescent light bulbs.
Currently, the energy-efficient market share is still dominated by compact fluorescent light bulbs. Last year, they make up almost thirty percent of all standard light bulb shipments. However, the number of LED bulbs has also increased.
A few years ago, LEDs sold for $30 per bulb, but thanks to government regulations, a basic LED bulb now retails for about $5. The National Electrical Manufacturers Association stated that the sale of LED bulbs increased by more than two hundred percent in 2014 and 2015. In the third quarter of 2015, LEDs made up fifteen percent of all bulb shipments.
Until LEDs become more popular among customers, General Electric will still make and sell halogen and incandescent light bulbs, even though they are not very energy-efficient. Halogen light bulbs made up fifty percent of all bulb shipments in the third quarter of last year.
Experts say that expanding the market for LED light bulbs will eventually result in higher customer satisfaction. John Strainic, chief operating officer of consumer and conventional lighting at GE Lighting’s North America Consumer Lighting group, said that LEDs are simply a better product than CFLs, which also had a notoriously slow start-up time. The right time has come to transition from compact fluorescent light bulbs to LED, he added.
The Energy Star standard also prompted the transition to LEDs. Compact fluorescent light bulbs will no longer qualify, as the Energy Star efficiency standard are set to increase to eighty lumens per watt in 2017.
Other retailers (apart from General Electric), such as Sam’s Club and Wal-Mart, have also been distancing themselves from compact fluorescent light bulbs. Last year, IKEA started selling only LEDs.
Image Source: illuminexlighting