(Image credit: Shutterstock) Given the rising costs of energy prices, saving money on electricity has become a top priority for many of us. And simple habits like turning off lights in unused rooms have become the norm in money-savvy households. But while this is all well and good, did you know the type of lighting you have could be costing you a fortune? In fact, making this one simple change to your setup could slash your electricity bill. I asked some energy experts for their input, and here's what they had to say. Why you should switch to LEDs today Wyze Bulb (Image credit: Tom's Guide) If you use traditional halogen or incandescent bulbs in your home, these will literally burn a hole in your pocket. According to experts, simply switching to LED lighting can reduce costs by as much as 60%. “Incandescent bulbs work by heating a filament, which means most of the energy they use is released as heat rather than light,” states Joe Haycock, Vice President at Fresh Air Concepts and Electricity at LLC .…