Markets in Everything: A New 19 Year Light Bulb
Panasonic is touting a new LED bulb that will last a whopping 19 years. Can you imagine putting new bulbs in your infant’s room and not having to change them until they’re already in college? What’s even better is that this 60-watt equivalent bulb will only cost around $3 per year (as opposed to around $26 for a standard incandescent bulb) to operate. Even at $40 a pop, these things will definitely pay for themselves in the long-run. Unfortunately they’ve only been announced for Japan, hopefully we’ll be getting them over here before long.