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Consumers who are interested in saving energy on electrical bills can’t help but take a look at LED lights. LEDs are extremely efficient and long-lasting, making them a natural choice for energy-conscious consumers and, thanks to advances in technology, they are within reach of everyday consumers.
There is one thing about LED lights that sometimes causes hesitation, and that’s the price. There is no question that LED lights are more expensive than any other lightbulb out there. Similar to hybrid autos, LEDs cost less to operate over the long-term, but cost more upfront. The premium price is a sticking point with a lot of lightbulb shoppers but it shouldn’t be the only factor on which to base your decision.
Taking A Long-Term View With LED Lighting
It’s imperative to take a long-term view when making the decision of whether or not to purchase LED lighting. A short-term cost comparison of incandescent or CFL prices to LED prices doesn’t provide the full picture. To get the full picture you need to examine:
- The initial cost of the bulb
- The annual cost of using the bulb
- The expected lifespan of the bulb
- The cost to replace the bulb
LEDs last 20 times longer than the average halogen bulb and a full 100 times longer than incandescents. That means you’d need to replace your halogen bulb 20 times and your incandescent 100 times before you’d need to replace 1 LED. If you are paying even $1 for an incandescent versus $40 for an LED, you’ll still save $60 in the long-run by purchasing an LED bulb.
To figure out more immediate cost savings, you’ll need to determine how much it costs to operate a light using this equation: Bulb Wattage x Daily Hours Used/1000 x Your Local Utility Cost per kWh.
Let’s assume a 60W bulb is used 6 hours a day. 60 x 6 = 360 divided by 1000 = .36 x .30 kWh = $.108 per day to operate. Annualised out that comes to $39.42 a year. If you replace that with a 9W LED light, your annual cost is $.01 per day or $3.65 a year! And that is just one bulb. Imagine how much larger the cost discrepancy will be once you add more bulbs into the equation.
The payback won’t be quick, but it will come. Why not look at making the switch?
To learn more about LED lights and see what LEDs can do for you and your home visit www.ledified.com.au.
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