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Colorado Springs Utilities: Lighting
I was in Home Depot yesterday and noticed that they had stacks of 60 watt equivalent LED bulbs priced at under $2.00 per bulb. I asked the clerk why the bulbs dropped in price so fast. He said the utility company is subsidizing the price. They have a decision coming up to build a new power plant (very expensive) or reduce electricity consumption. So their strategy is to get consumers to reduce electric consumption by incentivizing the use of LED bulbs.
The bulbs I bought have the equivalent of 60 watts (800 lumens) for only 8 watts of power. And they last 10 years. I am now swapping out the last of my incandescent bulbs.
The program is buying utility company time. With growth in renewables they may never have to build another plant as long as they can reduce consumption in the short term.
Oh, CSU is a public owned utility. This is a win-win.