It is true that you're attempting to save money, but replacing will likely be advisable in the end. Your monthly payments will significantly go down because new designs are designed to help preserve more electricity.
A lot of people are actually disregarding lighting as they believe that their bills are not really affected by these little lights. When you are utilizing your artificial lighting 24 hours a day, it will start draining a lot of energy and you will have to deal with more costly bills every month. The first thing that you have to do is to replace your incandescent bulbs with CFL or LED bulbs because they consume less energy. It is also important to make of natural light instead of making use of your artificial lighting 24 hours a day. Open your curtains during day time and let all-natural light enter your residence and simply open your light bulbs at night. 

The good thing is that you can always save electricity and reduce your monthly bills. Here are a few tips that one could follow if you want lower regular bills on electricity.
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