GE has launched a new lightbulb this week, one that uses LED technology instead of compact fluorescents and that has a life expectancy of 17 years. The catch? The bulb costs $50 USD.
The bulb is dubbed the GE Energy Smart LED Bulb, and will work in any normal incandescent socket.
The U.S. government recently passed new lighting efficiency standards, meaning 100-watt incandescent bulbs will soon be phased out (starting in 2012), with 75-watt bulbs getting phased out in 2013, and 60 and 40-watt bulbs getting the boot in 2014.












