$60 Light Bulb

    If you haven't already heard about this wonderful new light bulb that will be available in the coming days here it is.  Phillips has designed a light bulb that uses only 10 watts of electricity but has the light output of a standard 60 watt incandescent bulb.  The rather strange looking bulb offers a more natural looking light than a compact fluorescent (curly bulb) and doesn't use harmful material's like mercury.  It is expected to last 20 years with an average use of 4 hours a day and save consumers approximately $8 a year.  The catch.....it costs $60.  Phillips is offering discounts to some consumers (not commercial) where you could purchase the bulb for $50.  They are working with utility companies to offer rebates to customers where you could purchase the bulb for $20-$30. 
    Eventually the U.S. will catch up to the rest of the world and phase out the use of incandescent bulbs and until they do I don't expect that everyone will be running out and picking up a box of four of these.  This new light bulb will be duplicated by other companies and over time the cost will come down just like the CFL.