How Much Does LED Lighting Cost?
Over a 23-year amount, it’ll value you over $200 (and several visits to the hardware store) to stay one 60-watt lamp lit with incandescent bulbs. By comparison, it might value simply $48 employing a few CFLs, or$38 employing a single semiconductor diode lightweight bulb — a savings of quite $150 either approach.
Would you like to reduce your home or building’s electricity bills? LED lighting is an energy efficient alternative to incandescent and florescent lighting that uses far less electricity, helping you minimise your energy bills.
LED light-weight bulbs additionally last up to fifty times as long as incandescent bulbs, deliver higher quality light-weight and, in contrast to different energy economical bulbs, ar bright the instant they’re switched on.
But what quantity will LED lighting cost? though semiconductor diode light bulbs have a name as pricey, their low electrical consumption associated long time period mean that it prices less to use an LED flood light bulb , over the future, than a fluorescent or incandescent bulb.
The True Cost of LED Lighting
There are many reasons preventing customers switching to LED lights from conventional lighting. But none larger than the lack of awareness about this new technology and the multiple benefits that it has to offer. And even those few, who are aware of this new technology, are deferring the decision because of its higher initial purchase cost. An in depth analysis intothis technology reveals that it is economically, environmentally and technically feasible to invest in LED’s now.
|Bulb Type||Bulbs in Household||Cost of Bulbs||Cost of Electricity||Total Cost|
Is it Economically Feasible?
The greatest barrier in switching to LED technology from conventional lighting is undoubtedly the initial cost. But analysis reveals that this high initial cost is recovered in many ways, once the investment is made. Let us look at the cost aspect from various angles and do a comparative analysis between conventional and LED flood lighting in a typical US household.
The “True” Cost of Bulbs
It is a fact that a LED bulb has a much longer life than an incandescent bulb. They have an estimated life time of 30000 hours +. Some newer lights can last as much as 50000 hours. However, for the purpose of this discussion, we will compare a 30000 hour par 30 LED light to a standard incandescent par 30 light that are common in many US households today. The incandescent light has an estimated life of 2500 hours. So over the total life of one LED bulb, you will have to purchase 12 incandescent par 30 bulbs.
Cost of Electricity
The cost of electricity varies across the United States, from as little as .07 USD / kwh all the way to as much as .23USD / kwh. Kwh means Kilowatt hour, and the amount given is what is charged for 1000 watts for 1 hour. The average cost across the US is .12 USD / kwh . For the purpose of this discussion, we will use this as the basis for all the calculations.
The first calculation compares 10 LED par30 6 watt bulbs to 10 incandescent par30 50 watt bulbs. A 6 watt LED bulb gives the same intensity of light as a 50-60 watt incandescent bulb.
For comparison, we assume that each bulb is used for 10 hours/day.
The cost of using 45 incandescent bulbs for 10 hours a day is $986.18. The cost, if you changed to LED lamps, would be $118.34. A savings of $867.84 per year.
So, putting the two comparisons together, we can clearly see the savings in your utility bill by switching to LED luminaries.