Department Of Energy Crowns Light Bulb Of The Future Contest-Winner
A Philips LED bulb is the winner of the U.S. Department of Energy's $10 million competition to develop a low-cost, energy efficient, high-performance replacement for the incandescent bulb. The energy-saving L Prize winner uses less than 10 watts of power, providing an energy savings of 83 percent, while still emitting the same amount of light, and with the familiar warm glow.