We have cheaper electricity here a little over 10 cents per KWH so energy savings doesn't equate as quickly into returning investment on bulbs etc. Where you would save $1 in a year we only save about 40 cents on power so it takes a 2.5 times as long to recoup your investment making tossing my 22 cent 40 and 60W CFLs away a lot less attractive to me. I figure as short of life they give me compared to LED that I won't lose a lot of money on usage cost over LED usage over the same amount of time plus not having to spend time and money going to the store and hoping the decent LED bulbs that are discounted via subsidizing by the power company are not out of stock. I figure that by the time I run out of bulbs LED bulbs will be a lot more efficient and cheaper to invest in and instead of having an 80-100 lumens/watt bulb for 10-20 years I will have 120-150 lumens/watt bulbs for 5-10 years.
I think 10 years down the road LEDs will have gotten 20-40% more efficient and similarly cheaper in price such that we will be seeing $4 140 lumens/watt bulbs with decent color rendition in stores
Not to open too big a can of worms, but up-front cost of power is just part of the equation.
Electricity generated from fossil fuels, burning coal especially, has other costs. So, I consider
saving a bit of my own money good, but just part of the bigger picture; do what I reasonably can.
(An aside, my electric bill contains combined 13% federal/provincial tax; not sure the extent this is done
in other locations).
I am not inclined to continuously keep replacing LED bulbs with the most efficient currently available. Some
older ~800 lumen bulbs in the 11-13W range are candidates though, and not thrown but given away if
still working, especially if lightly used, as they are still as good as CFLs and way ahead of incans.
Towards the low end I do strive for most light available at lowest power. Front porch light is a filament LED,
350 lumens at 3W, approaching 40W equivalent but not quite. Earlier I was using 2-3W bulbs which were
not as bright, but still good enough. I even tried an RGB LED with settable colours, neighbours may
be scratching their heads a bit though...
Dave