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Comment: False savings (Score 1) 328

Yes, LEDs are far more efficient and use less electricity yada yada. However, it's pretty much guaranteed that this will not lead to cost savings.
Historically, every time a cheaper lighting technology came along, from candles to oil lamps to gas lamps to Edison bulbs to CFLs, people simply increase the amount of lighting and the length of time (into the night) that they keep the house lit up. I see nothing to suggest that conversion to LEDs will change this trend.

Technology is dominated by those who manage what they do not understand.