$60, huh you can already buy the LED bulbs for way less.
There are companies coming out in a few months with 75 watt equivalent bulbs for around $15 that last 20+ years.
We replaced 30 Halogen 75 Watt bulbs with 18, 17 Watt LED lights in our main gallery room. And an additional amount in the downstairs gallery so for 36 LED bulbs that really work with artwork. We had been looking for this type lighting for about three years but this past August we found the TCP par 38 LED. Spent about $1,500. in total. So that's the bad news.
Here's the good news. Our light bill went from $450-500 per month down to $200-250 per month. So now in the 9 months we have recouped all monies spent. An added benefit is that the air conditioning has gone practically off as halogen 90 watt bulbs put out a ton of heat.
Now we are seeing the prices beginning to tumble. So if I outlive the first thirty six I'll need to replace them all in 20 years. Doubt that will happen.