R4 is 230mv and R3 is 21V.
OK, so that means that you have 23mA going through the LED (that's less than 1/10W for that LED), and 187mA through the zener diode (which I'm assuming is getting pretty hot).
Removing the zener diode will probably give you about 1W through the LED (it will be a little lower, but not so much).
Currently, for an output of less than 0.1W, your zener is dissipating about 0.75W, your 100 ohm resistors about 4.5W each.
So, ignoring other losses (and there are several) you are wasting about 9.75W to dissipate 0.1W in the LED. So the circuit is almost exactly 1% efficient.
With this circuit, you'd be better off with an incandescent bulb.
Now, you want to up the power to 7W? Do you mean 0.7W with 70W wasted, or 7W with 700W wasted?