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CFL and LED lighting are my major trigger in life, more so that screens. I have reams of information I have written on them.
Low power consumption, complemented by a huge service life, colossal light output and environmental friendliness – these are four indisputable advantages, thanks to which LED-based lamps are becoming leaders today.
I have also done extensive investigation into the legislation (at least in the US) around the incandescent lighting ban and the move to LED's. I can tell you, without a doubt, the reason the lighting industry pushed was this change was 100% profit driven. The margins on LED light bulbs are orders of magnitude higher than they were for incandescent and the lighting manufacturers received hundred of millions of dollars in government subsidies under the Obama administration to make the change over.
Also, while they do use less power, LED service life is on average not much longer than incandescents due to the cheap electronic drivers they use in LEDS bulbs. The lighting quality is also FAR inferior (any stimulated emission light source is going to be far inferior to black body radiation) and they have a much higher environmental impact due to manufacturing the electronic components. People here just dont care because they are manufactured in China, not here, so the Chinese deal with the pollution from thier manufacture
And in cold climates, the heat loss from switching to LED bulbs has to be made up from home heating sources, many of which use oil and natural gas, increase the carbon footprint. In short LED's are far from the miracle devices they are advertised to be. They were dressed up, oversold, and overpromised in order to fatten the profits of the lighting manufacturers.
The latest move that has been going on is a push to get legislation passed at the local level to force municipalities to switch to LED street lighting, under the guise of "green legislation", where the actual reason is to lock local governments into maintenance plans and bulb costs far higher than before. A standard high pressure sodium lamp post bulb runs around $2 and is plug an play, anyone can swap them out. An equivalent LED street lamp bulb costs over $100 and many lighting manufacturers insist you need to pay one of their servicemen to swap the bulb, or they will refuse to honor any future warranty request.
Yes, LED's have some advantages, but trust me, they are not being pushed because they help you. If LED's could compete and win in the marketplace, they wouldn't have had to have federal legislation passed mandating them.