New anticipated policy will be favorable for led bulbs industry in China

In the new plan, Chinese government will arranged the 2.2 billion Yuan of financial subsidies to promote the development of energy-saving lamps and LED bulbs. In the same time, multistep electricity pricing system, in which household tariffs will increase with usage, is being planned by the NDRC. The nation's top economic planner said on Saturday that the moves will help encourage energy conservation.

Compared to traditional incandescent, Led bulbs such as energy-saving incandescent, compact fluorescent lamps (CFLs), and light emitting diodes (LED BULBs) have the following advantages:

Typically use about 25%-80% less energy, saving you money can last 3-25 times longer.

Analysts believe that the policy confirmed the trend of energy-saving industry in the future. LED energy saving lights, is the world's third-generation lighting products, will occupy a unique advantage by the technology and the efficacy of low-carbon energy.

It is the first time LED bulbs get a clear policy support. Today's LED energy-efficient bulbs are available in the wide range of colors and light levels you've come to expect. While the initial price of energy-efficient bulbs is typically higher than traditional incandescent, newer bulbs cost less to operate, saving you money over the life of the bulb. Many of the newer bulbs last significantly longer than traditional bulbs, so you won't need to replace them as often. “ 

However, due to the high cost of LED bulb, China is in rapid development of the initial stage, because of the domestic prices and awareness of limitations. The financial subsidy, advocating a low-carbon energy trend of future, will definitely get more support and attention, "Liu Liang added. 

Hearings about multistep electricity pricing are being held, although there is a lot of controversy in the implementation details, but there is no suspense in the rise of electricity price. Liu Liang explained, "This is undoubtedly positive news to energy-efficient lighting. Although home lighting electricity is limited, but the commercial electricity and industrial electricity for lighting, according to foreign data, which have a proportion of 20% above, are in a very large demand. "Once the demand gets a great impetus, LED bulbs with policy support and financial assistance LED energy saving bulbs will certainly get the rapid development in the future.