With the upcoming ban on incandescent light bulbs, homeowners are left to brainstorm how they will be able to replace the traditional bulbs that adorn decorative sconces and chandeliers. Now, NxGen Technologies has designed replacement lamps for the S14 shaped incandescent light bulbs commonly used in decorative lighting applications.

The new bulbs use LED technology for the same ambiance at a fraction of the energy consumption. The lamps give the same amount of light but use just one watt of electricity compared to the 11- to 15-watts normally consumed by the traditional bulbs.

Moreover, the naked bulbs are designed to look as attractive as their incandescent counterparts, available in transparent and opaque colors, but will save homeowners in cash. "These bulbs have been designed to pay for themselves with energy savings in less than one year, depending upon local electricity rates," says David Allen, president of NxGen Technologies.

Allen thinks the energy-saving light bulbs are good for homeowners who want to go green without spending more money. NxGen officials think eco-efficiency should be affordable.

They are not alone. Other leaders in the lighting industry hope to reduce the price of LED and CFL bulbs in time for the incandescent ban. Sylvania, for one, hopes to lower the price of LED bulbs to just $10 before 2012.