Wednesday, October 10, 2007

Are LEDs Ready to Shine?

clipped from seekingalpha.com

With LED light bulbs lasting upward of 50,000 hours vs. 1,000 for many incandescents, one would think a majority of consumers would embrace the new technology for their homes.

But according to a recent ChangeWave survey, consumers still aren’t there when it comes to the cost.

The August survey of 3,665 respondents did find a growing willingness among consumers (54% Very Willing; 38% Somewhat Willing) to try LEDs in their homes:

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