At present, the LED bulbs have nearly the same price as the traditional incandescent and halogen light bulbs, and the prices of other LED fittings or fixtures may be slightly higher, but in the long run, the LED lamps are thought to save money, because the LED lighting is more energy efficient and has a longer lifespan, LEDs are 90% less energy, incandescent and halogen light bulbs only last to 2,000 hours. LED lanps can last up to 50,000 hours.