Search
General Electric Co. Branded Light Bulbs As Manufacturer Makes $17 Billion Bid For Alstom SA's Energy Business
Photograph by Bloomberg Bloomberg via Getty Images

GE Is Going to Stop Making This Lightbulb

Feb 01, 2016

It's lights out for the compact fluorescent lamp.

General Electric on Monday announced that it will stop producing its coiled CFL lightbulbs this year in the U.S. It's opting instead to focus on LED bulbs.

The CFL bulbs, which heat gas instead of a filament, gained popularity in 2012 when the U.S. government required that incandescent light bulbs use 30% less energy. Even though CFLs once made up 30% of U.S. light bulb sales, consumers complained that the CFL light "was too harsh, didn’t work with dimmers, flickered and took too long to warm up and light a room," according to GE (ge).

GE's shift from CFLs to LEDs was prompted—in large part—by the dramatic drop in LED prices. The bulbs now retail at $3.33 apiece at Sam's Club. They sold for between $40 and $50 in 2012.

GE said in a statement that LEDs account for 15% of the 1.7 billion bulbs sold annually in the U.S. "GE expects that by 2020, LEDs will be used in more than 50% of U.S. light sockets," the company said.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions