Flat panel TV innovator Sharp has released details on its first ‘LED TV’, a name given to any LCD television that uses the more power efficient LEDs as a backlight source.

The 40 inch LC-40LE700X consumes a measly 139 watts in full operation, with other energy-efficient credentials including lower heat generation and a maximum six-star energy rating.

A claimed contrast ratio of 2,000,000:1 produces blacks that are deeper than ever, according to Sharp, which will be of great benefit when watching movies at the TV’s highest resolution of 1080p, especially if you take advantage of one of its three HDMI inputs.

Also featuring 1000Hz frame conversion technology, a quick response rate of 4ms, SRS TruSurroundHD and improved bass, and capable of 24fps output for Blu-ray, the LC-40LE700X sells for $2999.