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LED lighting saves on power consumption, which means saving on power generation. Power generation is mostly subsidised by governments. Lighting in general contributes to about 25% of your utility bill, so if you save 50-60% of this amount, we’re talking about saving billions of dollars at the government level. How much LED saves on power consumption varies depending on whether you’re using incandescent, halogen, metal halide, neon or CFL bulbs. If we're talking about incandescent, halogen or metal halide, you're saving about 85% of the consumption