After switching to LED lights in one of their parking garages, Raleigh realized it can save 40% a year off of their utility bill if they make the switch permanent. Now the city is thinking of taking the experiment city wide. Although they realize the upfront costs are much higher for LED lights, they last longer and use less electricity, thus making them more cost effective in the long run.
Being a gadget junky, I’m excited about the idea of LED lights. There are a few decent LED replacement bulbs out there for the home user. However, the price is rather frightening. I’m taking a wait and see approach for my house, but I applaud Raleigh’s move