LED BULBS CAN MAKE ECONOMIC SENSE

(h/t Barry Ritholtz)

When you take into consideration all the factors, LEDs are a smart purchase for companies:

The Math Changes on Bulbs
Modern LEDs, While Expensive, Save Companies on Labor
By KATE LINEBAUGH
NOVEMBER 30, 2011
WALL STREET JOURNAL

Bulbs built around light-emitting diodes—semiconductors that produce bright light when zapped with electricity—last 10 times longer than conventional bulbs, meaning fewer ladders blocking frozen-food aisles or unsightly scaffolds towering in hotel lobbies as workers change blown-out bulbs. With energy savings not yet enough in some cases to cover the higher cost of the new bulbs, it's lower maintenance costs that are getting sales across the finish line.

Here's the accompanying graphic: