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Philips' L Prize-winning light bulb goes on sale Sunday, priced between $20 and $60
It's a little strange crowning a "winner" when only a single company enters the contest, but that's exactly what happened during the L Prize celebration in August of last year. Philips was the only outfit to take the US Department of Energy up on its offer, earning some $10 million to develop what might go down as the most radically designed, wildly expensive bulb your table lamp has ever seen. That said, the victorious bulb is a big fan of Ma Earth (and her of him), using just 10 watts of energy while outputting light similar to that of a 60 watt incandescent. It'll hit retailers like Home Depot this Sunday (Earth Day) for around $50 a pop, while some utility companies may subsidize 'em in an effort to hit the magical $20 price point. Hey, no one said saving energy would be remotely affordable, right?
Philips wins DOE's $10 million L Prize for 60W incandescent killer
Put your pig-tail light bulb aversions aside, because Philips has just won the DOE's $10 million L Prize Competition for the creation of a decidedly non-curlicue 60W equivalent LED lighting solution. The company was named the first winner in the 60W replacement bulb category at a Washington DC event, yesterday. It's taken three years to find a winner that could meet the high standards set forth by the DOE, specifically "ensuring that performance, quality, lifetime, cost, and availability meet expectations for widespread adoption and mass manufacturing." Requirements further stipulated that the 60W incandescent killer use less than 10 watts of power, and provide energy savings of 83 percent. If Americans replaced all of their 60W incandescents with Philips' little winner, the DOE estimates savings of $3.9 billion in a single year. The bulb is expected to hit shelves as soon as early 2012. Full PR after the break.
