L Prize® is US’ first government-sponsored technology contest that challenges manufacturers from the lighting industry to push the limits of energy efficiency and develop a high quality lighting product. It will replace today’s commonly-used and inefficient technology, which is the
Philips came up with the 10W lamp (went through a rigorous evaluation process for performance) that will let the country save about 35 terawatt-hours of electricity in one year and avoid 20 million metric tons of carbon emissions (if every socket in the country will be converted from 60W incandescent lamps to the Philips 10W lamp). That would be enough electricity to power the lights of nearly 18 million U.S. households, or nearly triple the annual electricity consumption of the city of Washington D.C. Isn’t that amazing? No wonder, Philips was awarded with the L Prize®.
With LED light bulbs, everyone will surely have a brighter future.