LED lights are making their way into homes, businesses, and commercial settings all across the world at breakneck speed—and for good reason. The money savings that come from LED lights as compared to alternative options are substantial and should not be overlooked.
Upfront Cost
The upfront cost for LED lights is higher than the upfront cost of other types of lighting, but it’s not exorbitant. When looking at residential lighting, you’d pay about $3-4 for an LED light rather than $1-2 for an incandescent bulb. Of course, the price points are higher for commercial LED lights, but the ratio is about the same. For a few bulbs, this might not be a huge deal, but if you’re looking to completely replace an entire warehouse worth of lights, this upfront cost may be large. However, it is absolutely worth it.
Long-Term Energy Efficiency
LED lights are incredibly energy efficient. A standard LED light bulb is about 80% more efficient than a comparable incandescent bulb. This means that you’ll spend less to keep the lights on, and in certain applications, you can actually buy lower wattage LED lights. The average LED bulb lasts 25,000 hours, whereas similar incandescent bulbs last about 1,200 hours. That is a huge difference. When it comes to runtime, the cost more than makes up for itself.
However, the money savings goes even farther. Because of the fact that a lower wattage LED will give off as much light as a higher wattage incandescent, you will pay far less to actually power the light. This means your power bill will be significantly lower than normal.
While the upfront, short-term cost of LED lights may be higher, the long-term cost savings will more than make up for the initial expense.
To learn more about commercial LED lighting, contact US LED today.
