From Fallen London Wiki

Yeah, the problem with lightbulbs is buying them for pearls is inefficient (it eats almost an entire weeks railway dividends assume you're starting from scratch) and unless you happen to have a bunch sitting around you're not likely to regularly be doing a loop which rewards them. My suspicion is that buying beeswax at the rat market and then upconverting to memories is the best option unless we either get a more convenient source for anticandles or lightbulbs.