[WeekendSmoker]

I started to replace my incandescent and CFLs with LEDs and have been careful about the color temp and CRI. So far lights, certainly compared to CFLs more pleasant and my electric bill has gone down by about 60%.
When I ran the numbers on the difference in power consumption and took a good look at my bill and noticed that I get charged 11c per kwh but also 11c per kwh for delivery. In other words, I pay 22c/kwh. At that rate if you use a light for a couple of hours a day LEDs pay for themselves very quickly.