In a front page article on Friday, The Washington Post reported that a $50 LED light bulb manufactured in the U.S. by Philips had won the Department of Energy's L-Prize for using only 10 watts of energy to produce light as bright as a 60-watt incandescent bulb. But the Post completely obscured the consumer savings from the LED's energy efficiency, including in an infographic that had to be corrected because its math was wrong.
The graphic claimed we would be better off buying 30 incandescent bulbs over 10 years rather than one of the prize-winning bulbs:
But as several outlets pointed out, the Post greatly underestimated electricity rates. After correcting for this, the LED bulb that the Post called "costly" actually saves consumers a significant amount of money over time, as the corrected infographic shows:
Quite a difference.