Pharox BLU (pictured), Pharox XL and the Energy Star-qualified Pharox PRO are targeted at range of LED customers from general home owners to customers seeking a professional quality bulb.
The lowest-priced bulb, the 200-lumen Pharox BLU, costs $4.95, and is sold exclusively through pharox-led.com.
Price has been a widespread barrier to LED adoption, but as the latest issue of EL Insights points out, LEDs could eventually become even cheaper than today’s traditional lighting. The Department of Energy predicts that the price of LED OEM lamps and LED packages will drop by about 30 percent each year from 2010 to 2015 and 10 to 15 percent per year from then to 2020.
Lemnis says a typical 40-watt incandescent bulb costs approximately $5.69 per year to use at $0.13 per kWh, three hours a day. The equivalent Pharox 350 lumen bulb, including the BLU, XL and PRO lines, costs $0.85 per year in energy use. As these LED bulbs last between 15,000 – 35,000 hours, in most cases they pay for themselves in less than two years, Lemnis says.
Earlier this month, smart energy products firm Noribachi streamlined pricing of its LED and solar lighting, resulting in reductions of up to 31 percent across the LED product line.