Incandescent lightbulbs use on average 5 times more energy than LEDs over time, they also cost less. A 60-watt incandescent bulb and a 12 watt LED bulb give off about the same amount of light, so the incandescent uses more energy. As of 2019, the one kilowatt per hour was $0.11 for residential electricity, this means that if you used an incandescent lightbulb for 1,000 hours it would cost $6.60, whereas a LED would only cost $1.32. Incandescent lightbulbs last about 1,000 hours and are cheaper than LEDs, but LEDs will last for 25 times longer than incandescent lights, at 25,000 hours. Though they cost more, LEDs’ efficient use of energy and long life pay off soon. The average 60-watt incandescent lightbulb costs $2.70 and operating the light for 10,000 hours over 10 years, would cost $66. But, these lights only last about 1,000 hours, so it would cost more to buy the replacement light, $93 including the original bulb and its replacements. On the other hand, LED bulbs cost $13.20 to operate (1,000 hours over 10 years), 12-watt bulbs (of very similar brightness to a 60-watt incandescent) are $6.25. This would mean the overall cost would be $19.45 and your lightbulbs would still have 15,000 hours left (Hutton Power and Light).