I'm not real big on the whole a train left going this way at 60 mph and another left going 30mph when will they meet either BUT look at this:
LED 5watts X 12hours = 60 watts a day which is 0.06KW x 100 days of use = 6kw X 13 cents your cost per kw = 78cents for 100 days electricity
Incandescent 60watts X 12 hours =720 watts a day which is 0.720KW x 100 days 72kw x 13 cents = $9.36 for 100 days electricity
In short Incandescent every 100 days costs $9.36
LED $0.78
For a savings of $8.58 every 100 days
Throw in the fact that the LED's last longer by far and it is about the biggest no brainer around you can't afford not to spend the extra money and get the LED.
Ok did a little more math looks like around day 117 the LED pays for it's self and starts saving you a little less than 9 cents every day after that.
Point taken from fancy if you take the $10 difference and invest it in a cd for those 117 days I guess it might take the LED until day 120 before it starts paying (Figure $10 at a hard to get 8% invested for all of 117 days you get around a quarter in divedends at a bit over 8 cents a day that gets you 3 days) I'm done
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