Consumers warm to LED bulbs as prices fall

... an incandescent burns about $7 in electricity per year, an LED $1 per year, said Mike Watson, vice president of marketing at Cree Inc., an LED manufacturer in North Carolina. Watson sees $10 a bulb as the tipping point where many consumers will try ...

http://www.thestate.com/2013/04/12/2720947/consumers-warm-to-led-bulbs-as.html#RSS=business