Philips is introducing an LED bulb that gives off as much light as a 75-watt incandescent bulb and consume 17 watts of power.

The lighting giant said today that the EnduraLED A21 will be available in the fourth quarter for a price expected to be between $40 and $45. It will show off the bulb tomorrow at the LightFair lighting conference, where many LED lighting announcements are expected.

The EnduraLED A21 will be the first general-purpose LED bulb to give off as much light as a 75-watt incandescent bulb, according to Philips. It will be rated at 1,100 lumens and an efficiency of almost 65 lumens per watt.

Read Full Article via Philips switches on bright LED bulb | Green Tech – CNET News.
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Now if I could just get that loan so I could change all my house bulbs to LEDs.