Will LED Lights Save Money?
The most frequently asked question in lighting solutions is, “Will LED lights save money?” The answer is that LED lights consume around £80.00 of power over a 20+ year lifespan. CFL bulbs consume in excess of £120.00 over the same period and must be replaced every 5,000 hours. This gives LED lights the edge when it comes to net savings on both energy and lifespan.
How LED light bulbs save you money
The cost saving provided by LED lighting is due to two factors:
- LEDs require much less electricity to power than both traditional incandescent and halogen light bulbs, and energy efficient light bulbs (CFLs).
- They last much longer than their incandescent, halogen and CFL equivalents.
For example, a 60W halogen light bulb would be replaced with a 9W LED. That’s a reduction of 85% in electricity consumption. The LED bulb will also last for over 20,000 hours, as opposed to 2,000 hours for the halogen – ten times longer!
What about CFL bulbs? Using the same example, a 60W halogen equivalent would be an 11W CFL bulb, so the reduction in electricity consumption from CFL to LED would be 18%. A good quality CFL should last for around 8,000 hours, which is still less than half of the LED equivalent.
Calculate the cost savings of LED light bulbs
Now that we know why LED light bulbs are cheaper to run, we can now look at how you can calculate the amount of money you can expect to save by switching to LEDs.
The information you need to work this out is:
1. The wattage of your current light bulbs and spotlights.
2. The average length of time each light bulb is in use for per day.
3. Your current electricity rate per kilowatt hour (kWh, kW-h or kW h). The UK average at the time of writing is 14.71 pence p/kWh if paying by direct debit.
4. The cost of replacing each bulb with an LED equivalent.
Other Related Posts
The Bright Choice: Advantages of LED Lighting for Hospitals
In the world of healthcare, precision, safety, and comfort are paramount. Hospitals operate around the clock, requiring lighting solutions that meet rigorous demands. Traditional lighting systems often fall short in efficiency and performance, which is why hospitals worldwide are turning to LED lighting as a game-changing alternative. Here, we explore the key advantages of LED […]
Businesses urged to join the LED lighting revolution
The Climate Group launches a new campaign to convince more businesses to switch to connected LED lighting as the quickest way to cut building emissions Businesses around the world are being urged to switch to LED lighting in a bid to cut their greenhouse gas emissions and energy bills, as part of a new campaign […]
Psychology of LED lighting in retail
We often hear about the effect of retail store atmosphere on consumer decision-making. The often cited classic example is the wine store and music study; playing French music led to more French Wine sales where as playing German Music led to more German wine sales. This is a great example of research demonstrating cause and […]
Get in touch
If you wish to talk us directly, you can find our details here. Please note our phones are only answered during standard office hours.
Phone:
01253 283050
Email:
info@airisuk.com
Address:
Unit 2, Peal House, Poulton Industrial Estate, Cocker Avenue, Poulton-le-Fylde, Lancashire, FY6 8JU
