Consumers warm to LED bulbs as prices fall

If consumers are willing to spend $5 for a cup of coffee, how about paying $25 for a light bulb? An LED version of the 60-watt bulb just broke $13. The price of LEDs is finally following the lead of high-definition TVs, said Mike Connors, CEO of Bulbs.com in Massachusetts. “They’re getting to a point where more people are willing to splurge,” he said.