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Someone needs to check their math. If used only 3 hours a day - everyday - you would save $4.00 a year (at .11/KwH)for that one lamp. That is if electrical costs don't increase, which we know they will. Not counting the cost of all the incandescent lamps you would buy, the lamp will pay for itself in 12.5 years. Quicker if it is normally left on longer. At 3 hours a day the lamp should last almost 23 years, burn even less coal than a Compact Fluorescent, and no mercury! LED is the future of lighting and will become cheaper.