By now you have probably heard of the benefits of using lower power light bulbs to save energy. There are essentially two types of lights to reduce the cost of light: The Compact Fluorescent Light and the Light Emitting Diode (LED) bulb.
CFL bulbs cost considerably more than an incandescent bulb, but over the life of the bulb you will save more electricity than cost. The amount of energy saved every month will be hardly noticeable on your electric bill, but a CFL bulb can last for several years and over time you will save lots of money. One other drawback to CFL bulbs is that they do not work very well in dimmers. Some CFL bulbs will not work at all in a dimmer socket, and others will change color noticeably as they are dimmed.
LED bulbs are even more efficient in terms of energy than CFL bulbs, and the light that they provide is more pleasing. However, LED bulbs are very expensive at the time of this writing and many people will balk at the initial cost of over $10.00 for single light bulb. However, LED lamps are more flexible than CFL bulbs in the fact that they work well on dimmers and come in many more sizes than CFL bulbs.