DOE: LED installations grew 160% in 2015, cost fell 94% since 2008

The report said LED A-type bulb costs have dropped by 94% since 2008. Projections show that increased installations could save Americans nearly $630 billion in avoided energy costs between now and 2035.
Nov. 3, 2016

Total installation of LED A-type bulbs exceeded 200 million in 2015 — growing 160% over 2014, according to a new report from the U.S. Department of Energy titled “Revolution Now 2016.” The report said LED A-type bulb costs have dropped by 94% since 2008. Projections show that increased installations could save Americans nearly $630 billion in avoided energy costs between now and 2035. The report said LEDs’ advance “is a direct result of government-industry research and development (R&D) investments to bring down costs, improve efficiency and performance, and foster domestic manufacturing of LED lighting components and products.”

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Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.