Recently, lighting industry leaders have been investing more heavily in LED technology. While CFL bulbs remain the most inexpensive energy-saving light bulbs currently on the market, Philips officials say 80 to 90 percent of lighting will convert to LEDs in the future.

BusinessWeek offers some insight on which burgeoning LED bulbs to watch in order to get the most bang - or glow - for your buck.

One of the top recommended bulbs is the GE Energy Smart bulb. The 40-watt incandescent alternative offers soft light, 77 percent energy savings and up to 17 years of illumination. This means bulb replacements are practically a non-issue.

Another LED bulb the source predicts will be a big hit is the Philips 60-watt LED. The bulb will hit store shelves by the end of 2010 and it will prove 80 percent more energy efficient than its incandescent counterparts.

One model the source overlooks that may be the underdog of LEDs is the TCP Dimmable LED. The decorative lamps are perfect for adding a little accent to a home, and users can dim them from zero to 100 percent.

No matter which bulb is right for a consumer, it looks like LEDs will light the way to a brighter, more eco-friendly future.