News Article
LED light bulbs just got cheaper
At less than $10 for a 60W dimmable light bulb, Walmart and GE are bringing LED technology to the masses
Energy-efficient LED lighting options are now more cost-effective and accessible to consumers.
Walmart has launched a Great Value line of LED light bulbs for less than $10 in all of its U.S. stores, with the goal of making LED light bulbs more accessible and affordable for consumers. The new line will be available exclusively at Walmart stores nationwide and Walmart.com.
The energy-efficient LED technology provides the same quality and appearance of traditional light bulbs, but LEDs are 80 percent more efficient, emit 40 percent less heat and last 25 times longer. The Energy Information Administration says that by replacing all of the light bulbs in their homes with energy-efficient LEDs, customers can save an average of $129 per year.
“Walmart makes purchasing LED a simple choice for consumers through the new low price and package design that is easy to understand. Consumers get excellent light output that is more reliable, convenient, better for the environment and saves money in the long run,” says Steve Bratspies, executive vice president of general merchandise for Walmart.
Walmart’s new Great Value line includes 26 LED light bulb types, including a non-dimmable 60 Watt (W) equivalent LED that will retail for $8.88; a Great Value dimmable 60W equivalent LED for $9.88; a Great Value Indoor flood non-dimmable 65W equivalent LED for $14.88; and a Great Value indoor flood dimmable 65W equivalent for $15.88.
Cree has also released a new series of bulbs, but these come at a higher cost. The firm's 60W dimmable equivalent is $13 while its 40W dimmable equivalent is $10.
The Great Value LED packaging simplifies the transition to LED for consumers by clearly outlining wattage equivalency, estimated energy cost savings and incandescent cost comparisons on the front of the package.
Building on a history of collaborative innovation between Walmart and General Electric (GE), the retailer will also offer a new, dimmable 60W equivalent GE LED light bulb for less than $11.
“GE and Walmart have worked in close concert for more than a decade to pioneer new applications for commercial LEDs,” says John Strainic, GE Consumer Lighting General Manager. “We’ve taken the good collaboration we’ve made with Walmart to increase the energy efficiency of their facilities, and are beginning to make the same in-roads in the consumer lighting aisle.”
Walmart’s Overall Focus on Energy Efficiency
Walmart says improving energy efficiency is an integral component of its overall sustainability goals and daily operations. The company began using LED freezer case lighting in 2005 to reduce energy consumption, which has now become a retail industry standard and has contributed to driving the growth of the LED industry. Walmart has also incorporated LEDs into its parking lot and sales floor lighting in nearly all of its global markets.
What's more, through its Sustainability Index, Walmart has worked with its suppliers to improve energy efficiency through the supply chain of various product categories, including televisions, plastic toys, small appliances and greeting cards. By working with suppliers, Index energy scores have already improved 23 percent in general merchandise categories.
