**If saving ~$500usd/year is significant then yes.**
!CFL v LED v INC
Source: Las Vegas Strip: An Energy Consumption Nightmare
**Other tips:**
1. **Smarter Switches**
Install motion-detecting switches that turn off lights when a room is empty.
2. **CPU Myth**
Shut down your PC if it will be idle more than 2 hours. The idea that turning a computer off and on shortens its life is a relic of the mainframe era.
3. **Bright Idea**
Use compact fluorescent bulbs. New models illuminate just as well as incandescents -- and operate on just over one quarter of the power.
4. **Cold Truth**
Keep your refrigerator or freezer full; it operates more efficiently that way. Low on food? Keep a container of ice in the freezer.
Source: Popular Mechanics