LED light bulbs are rapidly improving in efficiency

Back in 2007, the Bush administration signed into law a bill that banned the production and importation of incandescent light bulbs in favor of newer – and more energy-efficient – LED models. While that step was controversial at the time, a new report that was released earlier this week shows that the law has paid off, as LED light bulbs are now more efficient than ever before.

Since 2012, according to the United States Energy Information Administration (EIA), LED light bulbs have improved their overall efficiency by 50 percent since 2012. In this short time period, they jumped from providing 60 lumens per watt to nearly 100 lumens per watt, with some experts projecting that number could hit 150 by the year 2020. These figures make LED the most eco-friendly option for homeowners, as they outrank both CFL and incandescent bulbs on sheer power and efficiency.

Not only have LED light bulbs become more efficient, but they are also more affordable for homeowners. This is because there is an increased number of manufacturers who are providing these light bulbs to consumers. The average price for these bulbs, according to CleanTechnica, fell below $10 a bulb for the first time in 2013. These figures will only continue to improve as the technology advances and there are more companies producing this product. LED light bulbs remain a wonderful way to improve your home's energy efficiency.

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