Submitted in 2009, the Philips LED bulb successfully completed 18 months of intensive field, lab, and product testing to meet the rigorous requirements of the L Prize competition - ensuring that performance, quality, lifetime, cost, and availability meet expectations for widespread adoption and mass manufacturing. If every 60-watt incandescent bulb in the U.S. was replaced with the 10-watt L Prize winner, the nation would save about 35 terawatt-hours of electricity or $3.9 billion in one year and avoid 20 million metric tons of carbon emissions.