One of the last places we look to save money is the lighting in our homes, but when you think about it, not only the bulbs but also their long term operating costs can really add up. If you are spending 15 dollars a month on lightbulbs at Home Depot, you can probably cut down your long term replacement costs by spending a little more for LED or Compact Flourescent Lightbulbs, which also run on much less electricity than the conventional incandescent bulbs. These newer technologies allow you to run a single bulb for over a year of conventional use, which more than compensates for the higher cost of the bulbs (up to $20 for a single bulb).
But the real savings comes from the reduction in energy costs. LED bulbs can save you $20 per fixture per year in electricity costs, every year going forward.
Make sure that you get the appropriate type of bulb for your light socket though, you don't want to install a non-dimmable bulb on a dimmable light, and have it burn out prematurely.
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