Electricity prices are continuing to go up due to rising energy costs, higher carbon tax and the GST hike. And over the years LED lighting technology has achieved new breakthroughs, with ultra energy-efficient bulbs that consume 60 percent less energy than standard LEDs and with a lifespan of 50 years entering the market.

So are LED lights a useful investment for one to save cost and conserve energy? 

Fabian Choh, Public and Government Affairs Leader (ASEAN), Signify Singapore tells us more.