IKEA 1st Retailer to Sell Only LED Lights (by 2016)
IKEA, one of the world’s top home retail stores, plans to sell only LED lights by 2016 — it is reportedly the first to make such an announcement in the United States.
The decision by the Swedish furniture giant is just part of the company’s sustainability strategy. IKEA has also banned incandescent light bulbs and plastic bags, according to a statement by IKEA.
Besides IKEA’s continued commitment to sustainability, the plan to have all LED lights by 2016 comes hot off the heels of a survey by IKEA and Wakefield Research.
The survey noted that half of Americans have seen an increase in their electricity bills within the past 1-2 years.
Meanwhile, 69% of US residents said up to 40% of their electricity bill comes from lighting.
While Americans have some concern about the upward trend regarding their electricity bills, and its correlation with lighting, there is plenty of opportunity now to cut those costs with IKEA planning to go LED by 2016. For example, LED lights can cut 50%-90% of a customer’s lighting energy costs, according to IKEA.
LED lighting growth in 2011 was 44%, according to data from Strategies Unlimited.
Here are some other interesting facts regarding LED lights that you may not know, according to IKEA:
- The lifespan of an LED light bulb is twenty years, 8-10 times longer than CFL lights.
- LED bulbs use less electricity than incandescent or CFL bulbs
- LED light bulbs can be put in anywhere in the house, and can fit into most lamps. This will be another important selling feature for LED lights for IKEA, as the survey also noted only 27% American know LED bulbs can last twenty years.
–> Also recommended for you: Energy-efficient Lighting Market in Europe to 2020 – LEDs Emerge as Key Growth Sector due to Price Discounting and Phosphor Shortages Restricting CFL Production
Source: CSR Newswire
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