IKEA wants to be the first US furniture retailer to sell only LED lights (by 2016). It cites the environmental benefits as the main driver and has committed to delivering them at the lowest price in the market.
Ikea says its LED lights will last around 20 years. Currently the main LED light providing comparable performance is the Philips product selling for between $20-60. Obviously the market may not be ready for a $20 light so let’s hope they find a way to bring the price down.