Retail Giant Wal-Mat Kicks Back LED Prices


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 According to Forbes, the retail giant announced Wednesday that its Great Value line of super efficient LED light bulbs will now debut in its U.S. stores and online for less than $10. That marks a significant decline from the bulbs’ original price point, and it reflects Wal-Mart’s commitment to its partnership with General Electric (NYSE:GE) that has it focusing on GE lighting technology to boost the efficiency of its stores themselves. Additionally, it helps transform the lighting markets for commercial applications. Wal-Mart’s Great Value line now offers 26 different types of bulbs with the lowest, non-dimmable 60-watt equivalent going for $8.88. The LEDs help the environment considerably as, according to Forbes, they last 25 times longer while only consuming about 20 percent of the energy. However, their higher price tags have kept many consumers from committing to the cause, and that is what Wal-Mart is now working to change. Even the bulbs not included in the Great Value line will see a price drop. Wal-Mart has recently revealed that their Great Value line will be offering energy saving LED bulbs at their stores and even online for $10 or less. It’s definitely a big kick back from the light bulb’s original retail price. The chain has been partnering with GE to boost their stores efficiently, switching a number of their lights to LEDs. They now offer 26 varieties of LED bulbs to choose from. More at Wall Street Cheat Sheet

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