On Earth Day the Philips Award Winning LED Bulb will be available in stores. The winner of the U.S. Government’s $10 million L-Prize will retail for up to $60. Philips will discount the bulb to $50 for consumers and incentives could reduce the price even more by $20 to $30. For homeowners and renters seeking increased energy efficiency and lower energy bills, the bulb promises not only to save money in the long run, but gives off a soft pleasing light.

Read my full article on Inhabitat.

Photo courtesy Philips.

About The Author

Leon Kaye

Leon Kaye is the founder and editor of GreenGoPost.com. Based in California, he is a business writer and consultant. His work is has also appeared on Triple Pundit , The Guardian's Sustainable Business site and has appeared on Inhabitat and Earth911. His focus is making the business case for sustainability and corporate social responsibility. He's pictured here in Qatar, one of the Middle East countries in which he takes a keen interest because of its transformation into a post-oil economy. Other areas of interest include sustainable development in The Balkans, Brazil and Korea. He was a new media journalism fellow at the International Reporting Project, for which he covered child survival in India during February 2013. Contact him at leon@greengopost.com. You can also reach out via Twitter (@LeonKaye) and Instagram (GreenGoPost). As of October 2013, he now lives and works in Abu Dhabi, United Arab Emirates.